The big-ticket announcement by Finance Minister Nirmala Sitharaman regarding the income tax slab for an income up to Rs 12 lakhs brought wide cheers to the faces of the middle-class and taxpayers. By ...

Stay tuned for live updates as FM Sitharaman presents her eighth Union Budget 2025. Follow our live coverage for all the ...

The tariffs if sustained could cause inflation to significantly worsen, possibly eroding voters' trust that Trump could as promised lower the prices of groceries, gasoline, housing, autos and other ...

The old tax regime, which remains unchanged in the 2025 Budget, allows taxpayers to claim various exemptions such as House Rent Allowance (HRA), deductions under Section 80C (like for life insurance ...

DK Shivakumar argued that the income tax relief for individuals earning below 12 lakh will benefit only a few people, and that the tax bracket should have been eliminated entirely.

Highlights: FM Nirmala Sitharaman's announcement on February 1 brings a gift for the Indian middle class with no tax payable ...

Siddaramaiah alleged that no money was allotted to the irrigation projects in Karnataka and not 'single rupee' has been given to the state projects either.

The income tax reforms introduced in the budget are among the biggest in the last decade — simplified and rationalised to put more money in people's hands without compromising the fiscal deficit.

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 ...

The large cuts in income tax is an acceptance from the government that its corporate tax cut of 2019 has not worked. Had the ...

The Union Budget for 2025 was presented by Finance Minister Nirmala Sitharaman on Saturday, with a thrust on stimulating economic growth, enhancing the spending power of the middle class, and ...

Modi govt has made some big announcements including changes in the new tax regime with taxpayers not having to pay any income tax on earnings up to Rs 12 lpa ...