Prime Minister Narendra Modi was fully behind the idea to cut taxes but it took time to convince the bureaucrats, says ...

With an allocation of $59 billion, India remains among the top five military spenders globally, but the spending structure is skewed towards personnel costs rather than modernisation.

The Union Budget 2025 brought a groundbreaking announcement—income up to Rs 12.75 lakh will now be tax-free under the new tax ...

The new tax regime, introduced in Budget 2020 and revised in Budget 2023, provides lower tax rates but removes most exemptions and deductions.

T he Finance Minister has clarified that Unit Linked Insurance Plans (ULIPs) on whom clause (10D) of section 10 does not ...

The ICSI welcomes Budget 2025, a balanced and transformative financial blueprint aimed at fostering long-term economic growth, sustainability, and inclusive prosperity.

Currently, TDS is required when interest payments by a banking company exceed ₹40,000 annually. The proposed increase in this ...

Finance Minister Sitharaman announced significant tax relief for the middle class, exempting annual incomes up to Rs 12 lakh from income tax under the new regime, while also rejigging tax slabs.

The now-viral video shows the man—wearing a red turban—seated on the top of the mobile tower and making hand gestures.

The government has introduced a new slab system, where tax is completely exempt for incomes up to ₹12 lakh. For salaried individuals, this limit increases to ₹12.75 lakh after factoring in the ...

Russia's defence ministry said it destroyed five Ukrainian drones overnight over Russian territory, including one over the ...

President Donald Trump on Saturday signed an order to impose stiff tariffs on imports from Mexico, Canada and China, drawing swift retaliation from the country's North American neighbors.