The new income tax law, which will replace the six-decade-old Income Tax Act, is expected to be introduced in the Lok Sabha next week, according to Finance Minister Nirmala Sitharaman's statement on ...

After introduction in the Upper House, the bill, which was approved by the Union Cabinet chaired by PM Modi, will be sent to ...

The Finance Minister had first announced a comprehensive review of the Income-Tax Act, 1961 in the July 2024 Budget.

India’s latest budget under Prime Minister Narendra Modi’s government takes a strategic turn toward boosting consumption at a ...

Finance Minister Nirmala Sitharaman emphasised that while the government is committed to boosting local manufacturing by ...

With the middle class forming 67.16 percent of Delhi’s population—roughly 28.26 lakh households—political parties had every ...

India's tax policy has evolved significantly since the 1970s, when Prime Minister Indira Gandhi's government imposed a 97.5% ...

The Union Cabinet is expected to approve the new Income Tax Bill today, potentially leading to its introduction in the Lok ...

State government introduces 'Citizen's Guide to Budget' to simplify annual Budget documents for public understanding.

A week after the Union Budget was announced, the big question remains: Will it help India step onto the path to Viksit Bharat ...

The law, which is expected to be tabled in Parliament in the Budget session, will go to the Standing Committee on Finance for ...

Populism has always been an integral part of the Union Budget. After the Narendra Modi government came to power in 2014, ...