Highlights: FM Nirmala Sitharaman's announcement on February 1 brings a gift for the Indian middle class with no tax payable ...

Indian stock market indices, Sensex and Nifty 50, ended flat amid high volatility today, 1 February 2025, after the Union ...

India plans to cut personal income tax rates to boost middle-class spending power and seeks to increase private investment to ...

In her budget speech Saturday, Finance Minister Nirmala Sitharaman announced a new presumptive taxation regime for ...

Many millions of people would have a harder time affording and accessing health care under Republican proposals that Congress ...

The government has gradually made the new tax regime, introduced in 2020-21, attractive by lowering tax rates and enhancing rebates.

Republican proposals Congress could consider this year would take away or reduce food assistance from tens of millions of ...

Budget 2025 clarifies that the tax rebate will no longer apply to income from capital gains or other sources taxed at special ...

The Senate Budget Committee voted on Thursday to advance Russell Vought, Trump's pick to lead the OMB, for a floor vote.

The FM also informed that taxpayers with income up to Rs 12 lakh will not have to pay any tax. However, this rebate is only applicable on basic income, excluding special income such as capital gains.

A panel of French lawmakers on Friday reached a compromise deal on the final text of a much-delayed 2025 budget bill that is ...

If this proposal in the latest Union Budget fructifies into investment, it would be the eighth new urea plant to come up in ...