The tourism ministry was allocated Rs 2,534.93 crore in the Budget, marginally up from the budgetary estimate of Rs 2,479.62 ...

The Chief Economic Advisor “V Anantha Nageswaran” has projected a GDP growth rate of 6.1% to 6.3% for 2025-26. While this is ...

Tax measures announced in Budget 2025 will have a wide-ranging impact on individual taxpayers across income brackets, as also ...

The recent changes in capital gains taxation have introduced parity between domestic and international assets, thereby leveling the playing field for Indian investors.

Large foreign travel spends will attract higher upfront tax payments. Those funding education through loans get relief. TCS paid can be claimed later as a tax credit. The revised limits aim to ease ...

The government has also raised the TCS exemption limit on Liberalised Remittance Scheme (LRS) transactions from Rs 7 lakh to ...

Budget 2025 has proposed higher thresholds for tax deducted at source (TDS) and tax collected at source (TCS). The new ...

The government has also raised the TCS exemption limit on Liberalised Remittance Scheme (LRS) transactions from Rs 7 lakh to Rs 10 lakh.

The government is expected to forego revenue worth 1 trillion rupees ($11.5 billion) due to these tax cuts. India is also ...

Finance minister Nirmala Sitharaman announced significant tax relief in the Union Budget, raising the nil-tax threshold to Rs 12 lakh, relieving nearl ...

For students and young professionals working in the US, UK, Canada, or Australia, these changes could result in higher tax obligations and potential double taxation risks.