Press Trust of India on MSN56m
Taxes comprise 66 paise of every rupee in govt coffer
For every rupee in the government coffer, the biggest pie of 66 paise will come from direct and indirect taxes, according to the Union Budget 2025-26 documents. Around 24 paise will come from ...
Where India earns its rupee from and what it spends on
Budget provides a clear overview of how the government intends to balance its income and expenditure. Taxes and borrowings make up the majority of the revenue while a significant portion of the ...
Union Budget 2025: Where does the money come from and where does it go?
The Union Budget 2025-26 allocates ₹50.65 lakh crore for government spending, focusing on tax revenues and borrowings. It balances social welfare with economic growth, emphasizing national security ...
Big gain for NRIs: Finance Bill 2025 widens IFSC tax exemptions to include FPIs, boosting foreign investments
The Income-tax Act's section 10(4E) previously limited exemptions on income from derivative transactions to non-residents engaging with Offshore Banking Units (OBUs). However, the Finance Bill 2025 ...