Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26 on Saturday in which she announced reforms in various sectors, including tax reforms.

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In a big relief for the middle class, Union Finance Minister Nirmala Sitharaman said those earning an annual income of up to Rs 12 lakh do not have to pay income tax. The move could prove beneficial ...

Following the Union Budget 2025 announcements by Finance Minister Nirmala Sitharaman, India has decided to reduce import duties on high-end bikes and luxury cars. This move is seen as a massive boost ...

The Union Budget 2025 has sparked a political storm in West Bengal, with the state BJP hailing it as "pro-people" while the ...

Taxpayers will be able to claim nil valuation for two self-occupied properties instead of one. The reform will promote ...

Under the new regime, the tax liability for individuals earning Rs 12 lakh or Rs 12.75 lakh (for salaried persons) is Rs 60,000, which is completely waived due to the rebate. Hence, the resulting tax ...

The Finance Minister also announced the extension of the time limit for filing updated returns for any assessment year. The ...

In a post on X, Mittal claimed the new tax regime would make India income-tax-free. “Turns out that almost 90% tax-filers in ...

Finance Minister Nirmala Sitharaman unveiled key tax reliefs for India’s middle class in the Union Budget 2025, featuring a ...

As anticipated by experts, the manufacturing industry received a significant boost from the central government ...