Budget 2025 has brought about changes to Ulips, tax on NPS Vatsalaya and for filing of updated income tax returns. Read our ...

The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...

The budget has created a tax arbitrage for non-resident Indians (NRIs) investing in unit-linked insurance plans (Ulips) ...

The Union cabinet approved the income tax bill on 7 February to replace the existing law, and it is expected to be tabled in ...

Union government collects ₹100 in taxes, but ₹10-11 is collected as cesses, surcharges, and cost of collection.

The need of the hour is to expand the tax base because in a country of 140 crore, 3 crore is already abysmally low and it ...

Prime Minister Narendra Modi is counting on a two-pronged stimulus of tax and interest rate cuts to turn around India’s ...

Tax breaks introduced in budget 2025 have reduced the tax advantages of equity investments for small and medium investors, ...

To meet Prime Minister Narendra Modi’s target of turning India into a developed nation by 2047, the economy would need to hit ...

Multifarious Key Taxation Laws and Rules: The Indian taxation system is governed mainly under the Income Tax Act, 1961, with relevant sections being: Section 4: General Taxability. Section 90: ...

According to experts, investors who have invested in debt mutual funds may benefit from some significant tax-saving changes ...