A number of key reforms have been introduced in the past five years. In 2020, for instance, new tax regime was introduced for taxpayers whereas in 2024, capital gain structure was revamped. We give a ...

The alcohol tax is set to increase in line with the Retail Price Index at 3.6%, alongside the introduction of a new system taxing wines and spirits based on their strength. This implies that the duty ...

LIVE: The document provides an insight into the performance of the Indian economy so far, with detailed insights into the ...

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.