Critics say government’s efforts to simplify system and cut red tape are going in reverse; ‘popcorn is popcorn’ ...

Finance Minister Nirmala Sitharaman will introduce a new Income Tax Bill next week, modelled on the Direct Tax Code. The aim is to simplify tax compliance for taxpayers and make the Income Tax Act ...

The focus of the Union Budget 2025 will likely remain on continuing the momentum of economic reforms and maintaining the ...

The new tax regime is the default tax regime. The highest tax rate of 30% is applicable from net taxable income above Rs 15 lakh. However, the new tax regime offers limited deductions to the taxpayer.

Almost all finance ministers of India have faced ... actually paying income taxes. It's true that the number of tax returns filed by individuals has more than doubled, from 3.35 crore in 2013-14 ...

Shares of Indian real estate companies rose on Saturday after the government announced measures to boost the spending power ...

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 ...

Budget 2025 is expected to provide a much-needed boost to overall consumption, which could indirectly benefit the thriving real-estate sector ...

A seemingly routine ruling by India’s top tax officials went off like metal in a microwave. The government laid out a three-tiered system ... India has a per capita income of around $2,500 ...