India's tax policy has evolved significantly since the 1970s, when Prime Minister Indira Gandhi's government imposed a 97.5% ...
In 2014, taxpayers were exempt from tax on income up to Rs 2 lakh. Budget 2025 has significantly expanded this relief to Rs ...
Mathai was a pioneer as he tried to reduce the taxes in a young independent India in 1949-50. Taxes on incomes up to Rs ...
The country’s first budget post-Independence was presented in November 1947.Railway Budget was merged with Union Budget in ...
The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...
In November 1947, the nation's first post-independence budget was presented. Learn about the finance ministers of India and ...
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NEW DELHI, Feb 1 (Reuters) - India cut personal ... Currently, under the new system introduced in 2020, annual income of up to 1.5 million rupees (about $17,300) attracts a tax rate of between ...
The Union Budget 2025 has introduced significant tax relief for salaried professionals, exempting income up to ₹12.75 lakh under the new tax regime. Praised by Shaadi.com founder Anupam Mittal, this ...
With Budget 2025 around the corner and Finance Minister Nirmala Sitharaman set to present her 8th Budget overall and the 2nd under the Modi 3.0 regime, tax experts and taxpayers alike have high ...
Finance Minister Nirmala Sitharaman is all set to present her record eighth Union Budget on February 1, 2025. The Nare ...