Speculations are rife that tweaks could be made to the new tax regime—through changes in taxation rate or revision in tax slabs—to raise the disposable income.

On February 1, 2025, FM Nirmala Sitharaman will table her 8th budget during the Parliament session. Budget 2025 aims to boost agriculture, employment, and infrastructure.

Most tax experts expect improvements to the new income tax structure to encourage its adoption. Income tax reduction for the ...

Get live updates on the 2025 Income Tax Slabs for salaried employees as announced by Finance Minister Nirmala Sitharaman in ...

Prime Minister Narendra Modi is confronted with the dual challenge of reviving economic growth and providing relief to a ...

Finance Minister Nirmala Sitharaman will present the first full Budget of Modi 3.0 government. It comes at a time of ...

Finance Minister Nirmala Sitharaman will present her record eighth consecutive Budget today. The budget - government's first ...

All eyes are now on the upcoming Union Budget scheduled for February 1, 2025. Analysts believe that the budget will be ...

Broadly, there are two categories of taxes: direct and indirect. Direct taxes are progressive levies, including income tax, ...

Mostly MSME adopt Partnership Firm model of business as compared to corporate or Proprietorship Model. But Firms are taxed at 30% tax rate from the income starting from Rs. 1 as compared to 20% tax ...

The income tax slab of 30% has remained at Rs 15 lakh since 2020. However, the Cost Inflation Index (CII) has increased by 21 ...

Earlier, Prime Minister Narendra Modi hinted at the possibility of a generous budget for the poor and middle classes.