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 ...

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

Budget 2025 has made no change to the tax rate or holding period for long term capital gains (LTCG) and short term capital ...

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.

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

If you are still confused about which tax regime to choose after Budget 2025 proposals, here is how to choose between the old ...

In addition to the tax relief, the Finance Minister also introduced reforms to simplify the Tax Deduction at Source (TDS) system.

In a big relief for the middle class, Union Finance Minister Nirmala Sitharaman said those earning an annual income of up to ...

In terms of GST-specific amendments, Budget 2025 also focused on pre-deposit amounts for GST appeals, reducing penalties for E-way bill violations and introducing a 10% penalty for other infractions.

In a post on X, Mittal claimed the new tax regime would make India income-tax-free. “Turns out that almost 90% tax-filers in ...

The Union Budget for 2025-26, presented by Finance Minister Nirmala Sitharaman, introduced significant changes to India’s tax slabs. The minister announced that individuals earning up to Rs 12 lakh ...