In Budget 2025, Finance Minister Nirmala Sitharaman announced significant changes to the income tax structure, particularly under the new tax regime. The tax slabs have been adjusted to benefit low- a ...

In Trump’s view, the 25% tariffs against the two North American allies and a 10% tax on imports from Washington’s chief ...

Professor MK Agarwal, from the University of Lucknow’s economics department, expressed appreciation for the government’s ...

Finance minister Nirmala Sitharaman’s Budget for 2025-26 has taken a fiscally prudent path, even though she has given the ...

In her budget speech Saturday, Finance Minister Nirmala Sitharaman announced a new presumptive taxation regime for ...

Finance minister Nirmala Sitharaman presents the Union Budget 2025-26, balancing taxpayer generosity and fiscal prudence. By ...

Apart from zero tax for about a crore people earning Rs 12 lakh a year, slabs also recast to benefit those in higher salary brackets.

Sectorally, the Realty and FMCG indices dominated in the session and ended 3.38 per cent and 3.01 per cent higher. Meanwhile, ...

In its third term, the government’s first full-year Budget outlines a roadmap to address economic slowdown and global turbulence while aiming for a Viksit Bharat. Focus areas include agriculture, ...

Standard deduction has been raised from the current ₹25,000 to 60,000 now and tax rebate under section 87A which was ₹25,000 ...

Himanta Biswa Sarma termed Rahul Gandhi's comment on the Union Budget as "politically motivated" and said he has "zero knowledge" on the country's economy.

The relief applies only to those who have opted for the new tax regime, it has sparked numerous questions about its real benefits. Here's a layman's explanation to help understand the changes.