​More than two-thirds of taxpayers have availed of the new Income Tax regime, as per Nirmala Sithar…

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

Proposals have come for reducing rates for insurance, hospitality and beverages, and the online gam…

The exercise is not linked to bringing a new direct taxes code, but a comprehensive review of the i…

The budget has changed the definition of a specified mutual funds. From now on, any fund which inve…

You can watch the presentation live on the official Youtube channels of the government. After her s…

As per section 230 of the Income-tax Act, 1961, every person is not required to obtain a tax cleara…

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

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

At present, individuals aged below 60 can claim an annual deduction of up to Rs 25,000 towards hea…

​​​Weeks before the budget presentation, the finance minister also meets representatives from vario…

Finance Minister Sitharaman’s 2024 Finance Bill revises capital gains tax: 20% STCG for some assets…

Central Board of Direct Taxes (CBDT) chairman Agrawal said the committee is looking at the best glo…

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

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

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

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

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

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

Union finance minister Nirmala Sitharaman will be presiding over the meeting. The state ministers, …