Musk did not elaborate on policy changes or spending cuts he would implement if he were to join a h…

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

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

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

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

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

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

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

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

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

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…

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

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

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

According to the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman, the total e…

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

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

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

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