In the Union Budget 2025-26, Finance Minister Nirmala Sitharaman announced significant changes to India’s income tax structure, aiming to enhance the spending power of the middle class and stimulate economic growth. The budget raises … READ FULL STORY
April 1, 2024: No new changes related to income tax are coming into force from April 1, the finance ministry said in a statement issued on March 31. The announcement by the ministry is in response to … READ FULL STORY
Several individual taxpayers in India look for smart investment options to save tax and build their finances. For the financial year 2023-24, one can make these investments till March 2024. The old tax regime … READ FULL STORY
The government would want to eventually switch to an exemption-free tax regime with lower tax rates, revenue secretary Sanjay Malhotra told news agency PTI on February 2, 2023. “We would like to move towards … READ FULL STORY
