The government’s claim of fiscal consolidation by reducing the deficit to 4.4% of GDP looks good on paper, but the reliance on heavy borrowing—₹14.82 trillion—is bound to push inflation further. This ...

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 ...

Budget 2025 clarifies that the tax rebate will no longer apply to income from capital gains or other sources taxed at special ...

Budget 2025-26 brings major tax relief, raising the tax-free income threshold and easing TDS and TCS norms. Key updates also ...

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.

Prime Minister Modi invoked Goddess Lakshmi on Budget-eve, later Indian taxpayers received significant tax relief. Finance ...