Summary: The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, focused on reforms in taxation, agriculture, MSMEs, and exports. Direct tax proposals included no tax on incomes up to ...

Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, ...

Here are four charts which tell us the income tax story in some detail. Going forward this will be an important determinant of India’s fiscal prowess and also a derived reflection of growth in ...

Finance Minister Nirmala Sitharaman during her Budget 2025 speech on February 1, 2025 announced the New Income Tax Bill that ...

The new income tax bill will carry forward the same spirit of Nyaya (Hindi word for justice) which was carried in Bharatiya ...

India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...

Perquisites and Profits in Lieu of Salary are important components of taxable income under the Income Tax Act of 1961. These refer to additional financial benefits, compensations, or payments that an ...

Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and ...

In this live blog, senior editors for Economy and Business at The Indian Express provided updates from the Budget speech with ...

“The focus of the budget is taking everyone together on an inclusive path,” Sitharaman said, adding that the government is aiming for a fiscal deficit of 4.4% of India’s gross domestic ...

Following are the revised slabs and rates under new tax regime announced in the FY26 Budget: Union finance minister Niramala Sitharaman saved the best for the last, announcing the new income-tax slabs ...

Takeaways From India's Budget That Slashes Income Tax on the Salaried Middle Class to Spur Growth NEW DELHI (AP) — Indian Prime Minister Narendra Modi’s government presented an annual budget ...