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3 mins read

Economic Survey 2023-24: Where does India stand on the employment, and what's next?

While the agriculture sector has grown at about 4.18% at constant prices over the last 5 years, Ind…

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2 mins read

India economic momentum remains intact, set to achieve 6.5-7% growth, says Finmin Report

Tax collections, especially indirect taxes, which reflect transactions, are growing healthily, and …

PTI   


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1 min read

About 6 cr ITRs filed for FY24; 70% under new tax regime

Addressing the post-budget session of PHD Chamber of Commerce and Industry, Malhotra said there wer…

PTI   


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5 mins read

Budget 2024: How will long-term capital tax change your real-estate investments post-budget?

There has been a marginal increase in the basic tax exemption limit for LTCG. Previously, LTCG of u…

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2 mins read

Did you know about the only Indian state exempt from paying any income tax? Know all about it here

​​Sikkim has its income tax manual, which stipulates that no resident of Sikkim was to pay taxes to…

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Comprehensive review of the IT Act imminent in 6 months, notes revenue secretary

​​Malhotra explained the government's rationale behind this proviso, noting that buyback does not f…

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3 mins read

Budget 2024: More affordable housing, lowered rent TDS — here’s what will change for the housing sector this year

Union Budget 2024 delivers massive boost with 3 crore affordable houses and tax cuts. Here's all th…

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3 mins read

Removal of indexation benefit will lead to huge inflow of black money in real estate: Raghav Chadha

Asking the government to roll back the proposal, Chadha, while taking part in the discussion on the…

PTI   


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3 mins read

Budget 2024: Increase standard deduction, exemptions and more, an aam aadmi's wishlist

Note that unless you specifically opt for the old regime, the new tax regime is considered as your …

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4 mins read

All you need to know about the new tax regime

The new tax regime was introduced in Budget 2020 as a means to simplify tax calculations and offer …

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4 mins read

Decoding capital gains taxes: What FM Nirmala took from your pocket, what she gave you in Budget 2024

All listed securities will be considered long-term capital assets (and hence, LTCG will be levied) …

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3 mins read

Modi 3.0 1st Budget: Tax relief for middle class, Rs 2 lakh cr job scheme

With rural distress and unemployment being blamed for BJP losing its majority, Sitharaman in her se…

PTI   


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3 mins read

Economic Survey shows India's energy needs to grow 2.5x, healthy growth in formal employment

Over the last decade, the manufacturing sector managed to mark an average annual growth rate of 5.2…

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2 mins read

Startups demand angel tax elimination, incentives on investments in upcoming budget

Startups in India have high expectations from this year's upcoming Union Budget. The early-age star…

ANI   


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1 min read

Govt may relax 45-day payment rule for MSMEs in Budget 2024

According to Section 43B(h) of the Income Tax Act, introduced through the Finance Act 2023, if a la…

PTI   


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3 mins read

Time to push divestment of state-owned banks, says SBI report

With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…

PTI   


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2 mins read

Budget 2024 – Customs duty on mobile phones, chargers and more reduced

Finance Minister Nirmala Sitharaman today presented the Union Budget 2024-25 in the parliament, unv…

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4 mins read

Here's a quick overview of PM Modi 3.0 government's first budget, to be presented by FM Nirmala Sitharaman today

Finance Minister Nirmala Sitharaman is set to present the Union Budget 2024 in Parliament today. It…

ANI   


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Despite pandemic and growing health scares, India’s budget share for healthcare continues to decline

As the Finance Minister Nirmala Sitharaman prepares to present the full budget for the current fisc…

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3 mins read

Confused about the new tax regime? Here's when you should opt for it

The new regime was introduced in budget 2020 to simplify taxation, and offer lower rates of taxes c…