India plans to cut personal income tax rates to boost middle-class spending power and seeks to increase private investment to ...
The Union Budget 2025 brought a groundbreaking announcement—income up to Rs 12.75 lakh will now be tax-free under the new tax ...
Finance Minister Nirmala Sitharaman has announced that under the new income tax regime, nil tax slab has been raised from ₹7 ...
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 ...
Finance minister Nirmala Sitharaman says that the new income tax bill will be introduced next week. She adds that the ...
This comes after the government said that people earning up to 1.28 million rupees ($14,800) per year will not have to pay ...
In terms of GST-specific amendments, Budget 2025 also focused on pre-deposit amounts for GST appeals, reducing penalties for E-way bill violations and introducing a 10% penalty for other infractions.