"To encourage sustained foreign investment and in the spirit of 'first develop India', the current model BIT will be revamped ...

Highlights: FM Nirmala Sitharaman's announcement on February 1 brings a gift for the Indian middle class with no tax payable up to ₹12 lakh income.

The old tax regime, which remains unchanged in the 2025 Budget, allows taxpayers to claim various exemptions such as House Rent Allowance (HRA), deductions under Section 80C (like for life insurance ...

With the new tax slabs, the standard deduction of ₹75,000, over and above the ₹12 lakh limit under the new tax regime, furthers the agenda of driving up savings, investments and consumption.

DK Shivakumar argued that the income tax relief for individuals earning below 12 lakh will benefit only a few people, and that the tax bracket should have been eliminated entirely.

Finance Minister Nirmala Sitharaman announced a six-year mission to boost pulses output for self-sufficiency by 2029-30 amid ...

Union FM Nirmala Sitharaman unveiled plans to develop 50 tourist destinations, boosting the tourism budget to ₹2,541.06 crore, focusing on employment-led growth.

The website of the U.S. Agency for International Development went offline without explanation Saturday as thousands of ...

City Council members tell WDSU that the city's attorney and chief financial officer will not sign off on the agreed-upon deal ...

The recent shift in monetary policy and the Trump administration’s economic agenda have raised concerns about inflationary ...

Highlights:  VAT collection from cement, hotels, medicine, cigarettes, gas sectors fall NBR officials noted the decline in LTU-VAT revenue is rare Industry insiders attributed the decline to economic ...