PM Modi invoked the Maha Laxmi mantra ahead of Budget 2025, hinting at relief for the middle class, while taxpayers anticipate higher deductions and revised tax slabs.

But it is too late for the upcoming budget because such an exercise without being bogged down by baggage requires at least ...

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 ...

Given the economic slowdown and geopolitical uncertainties, bold reforms are expected from FM Nirmala Sitharaman to simplify ...

Taxpayers are anticipating that the government may raise the basic exemption limit from Rs 3,00,000 to Rs 5,00,000 under the new regime, offering more disposable income and increased savings.

In the Union Budget 2025, Finance Minister Nirmala Sitharaman is expected to adjust the personal income tax rules under the ...

The new tax regime, which came into effect from the financial year 2023-24, has surprised taxpayers as it has eliminated ...

As of January 2025, the number of MSMEs registered on the Udyam portal has reached 5,84,06,752. MSMEs play a pivotal role in ...

Considering the ten earlier Budgets of the BJP-led government led by Prime Minister Narendra Modi, there is nothing much that the farmers and agricultural workers of India can expect from the coming ...

The question on everyone’s mind is whether the government will eliminate or revise the 30% tax slab in the upcoming budget.

Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget 2025 this week. This will be her eig ...

You can use income tax calculator to compute income tax under both the regimes i.e., new tax regime and old tax regime, ...