In the process, the government forgoes revenue of around ₹ 1 trillion in direct taxes. Sure, the move is a game-changer and is expected to offer the much-needed stimulus to demand, helping consumer ...

Girdhari Lal Toshniwal, secretary, Hyderabad branch of Institute of Chartered Accountants of India, said that the tax reform would increase spending by the middle class. He said that with income up to ...

DK Shivakumar argued that the income tax relief for individuals earning below 12 lakh will benefit only a few people, and that the tax bracket should have been eliminated entirely.

The Union budget presented on Saturday and its most talked-about takeaway, a big tax break for the middle class, brought cheer to a wide swathe of Delhiites and triggered the possibility that the ...

Lets go through with highlights of Budget on Direct taxation matters. The Finance Bill is set to be tabled next week, according to the Finance Minister. No Tax Up to Rs 12 Lakh- Individuals having ...

Siddaramaiah alleged that no money was allotted to the irrigation projects in Karnataka and not 'single rupee' has been given to the state projects either.

The income tax reforms introduced in the budget are among the biggest in the last decade — simplified and rationalised to put more money in people's hands without compromising the fiscal deficit.

My budget ritual is to come to the office and watch the budget and hope that there aren't any big negatives on the capital ...

Finance Minister Nirmala Sitharaman unveiled the Union Budget 2025-26 with a focus on simplification and sectoral reforms. Key highlights include no income tax for earnings up to ₹12 lakh under the ...