The CBDT Chairman also cited the new tax regime (NTR), where there are no deductions or exemptions allowed like the old ...

After Finance Minister Nirmala Sitharaman presented the 2025-26 Union Budget in the Lok Sabha on Saturday, it is time to know where does Centre collects every 1 rupee of revenue from- income tax, GST, ...

The Budget announcement of zero tax for earnings upto Rs 12 lakh per annum and the rejig of tax slabs across the board should ...

The Finance Bill, 2025, proposes an amendment to Section 115UA of the Income-tax Act, which governs the taxation of Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs), ...

Why Govt Took Rs 1 Lakh Crore Revenue Hit For Tax Bonanza A nation’s progress is measured by the quality of its infrastructure, and the Modi government has set new benchmarks in this domain. The ...

Currently, about 74-75 per cent of taxpayers file their returns under the new income tax regime, the official said citing government data.

The government has proposed an amendment to the Income Tax Act, requiring designated reporting entities to disclose transaction details of virtual digital assets (VDAs).

The Finance Bill 2025 proposes amendments to clarify the taxation of Unit Linked Insurance Policies (ULIPs). Under Section 10(10D) of the Income-tax Act, exemption on life insurance proceeds is ...

“It is proposed to extend the tax benefits available to the National Pension Scheme (NPS) under sub-section (1B) of section ...

While the proposal to raise the threshold of nil income tax to ₹12 lakh for individuals has received attention, there are other positive announcements in the budget for the economy’s growth. Image: ...

Akshat Shrivastava remains cautiously optimistic, pointing out that increased private consumption demand could eventually ...