While the Election Commission has barred the BJP-led Central government from making Delhi-specific announcements in the Union Budget, the income tax relief for the middle class is seen by many as a ...

The Union Budget has sparked mixed reactions from political parties in Madhya Pradesh. While ministers have hailed it as a visionary plan steering the country towards self-reliance, the Opposition has ...

In her budget speech on Saturday, Nirmala Sitharaman announced that no income tax would be payable up to income of ₹12 lakh annually.

The Union Budget will play a pivotal role in boosting the income of street vendors and improving the quality of life in urban ...

"We have heard the voice of middle class" who had been complaining about their aspirations not being met despite being honest taxpayers, she told PTI in an interview.

Budget 2025 brings cheer to taxpayers! No income tax up to Rs 12 lakh sparks a meme fest on social media. Netizens rejoice and celebrate the tax relief with hilarious reactions.

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.

Criticising the Union Budget 2025, Karnataka Chief Minister Siddaramaiah dubbed it as a disappointing one, detrimental to the ...

Consultants can deduct business-related expenses from gross receipts or opt for a simpler presumptive tax scheme. Meanwhile, ...

There are two types of capital gains: long-term and short-term. Indexation helps reduce taxable gains by adjusting for ...

The Union Budget 2025 brings substantial tax relief to individuals earning up to ₹12 lakh, making them effectively tax-free. The revised tax slabs, enhanced Section 87A rebate, and marginal relief ...

Finance Minister Sitharaman announced significant tax relief for the middle class, exempting annual incomes up to Rs 12 lakh from income tax under the new regime, while also rejigging tax slabs.