The Indian EV market, which is still at a nascent stage, is currently driven by two-wheelers and three-wheelers as opposed to ...

Finance Minister Nirmala Sitharaman is set to present the Union Budget 2025 today. Experts expect potential reforms, from tax ...

As per the updated structure, individuals earning up to Rs 12 lakh per annum will not have to pay any income tax, offering a substantial benefit compared to previous years ...

The Union Budget 2025-26 proposals allow taxpayers to claim the annual value of two self-occupied properties as nil and ...

As per the Budget memorandum, the government has proposed amendment to Sub-Section 2 of Section 23 of Income Tax Act, which ...

Nirmala Sitharaman said the income tax changes will cost the government more than 1 trillion rupees in revenue.

The new tax regime applies to individuals, Hindu Undivided Families (HUFs), associations of persons, and artificial juridical persons. All eligible taxpayers in these categories stand to benefit from ...

3.EV, phone batteries: 35 new goods for electronic vehicle (EV) battery production and 28 new goods for mobile phone battery production will be included in the list of exempted capital goods. 4.Frozen ...

Finance Minister Nirmala Sitharaman gave full tax relaxation for new regime taxpayers whose income is up to Rs 12 lakh. With this, she also revised the income tax rates for other income slabs. There ...

Finance Minister Nirmala Sitharaman, during her Union Budget 2025 speech, announced that no income tax will be payable on ...

The NCAA has settled the lawsuit with the attorneys general of Tennessee and Virginia and other states over its rules prohibiting name, image and likeness compensation for recruits.

The finance minister has raised the limit of income tax rebate from Rs 7 lakh to Rs 12 lakh which essentially means that if an individual has an income of up to Rs 12 lakh, she will have zero tax ...