The new income tax law, which will replace the six-decade-old Income Tax Act, is expected to be introduced in the Lok Sabha next week, according to Finance Minister Nirmala Sitharaman's statement on ...

India’s latest budget under Prime Minister Narendra Modi’s government takes a strategic turn toward boosting consumption at a ...

The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...

After introduction in the Upper House, the bill, which was approved by the Union Cabinet chaired by PM Modi, will be sent to ...

With a projected 15–20% revenue growth in 2024-25, improving margins, and diversification into high-growth segments, this ...

As per the decisions taken in the 55 th GST Council meeting government has amendment in CGST Act, 2017 in the budget 2025, after this amendment specifically provide for the requirement of reversal of ...

The Finance Minister had first announced a comprehensive review of the Income-Tax Act, 1961 in the July 2024 Budget.

Experts are optimistic that the 25 bps cut—the first in nearly five years—will make borrowing cheaper and spur the demand for consumer durables, automobiles and homes ...

India's tax policy has evolved significantly since the 1970s, when Prime Minister Indira Gandhi's government imposed a 97.5% ...

As the Delhi Assembly Election results unfold, the impact of Nirmala Sitharaman’s recent tax cuts is under scrutiny. Did the BJP’s focus on the middle class alter voter preferences in a city where ...