In the process, the government forgoes revenue of around ₹ 1 trillion in direct taxes. Sure, the move is a game-changer and is expected to offer the much-needed stimulus to demand, helping consumer ...

Those earning up to 1.2 million rupees (S$18,817) annually will no longer pay income tax. Read more at straitstimes.com.

Finance minister Nirmala Sitharaman said the government is focused on boosting private investment to strengthen growth, increasing funding in the agriculture sector, and enhancing the spending power o ...

FM Nirmala Sitharaman will continue to hold the record of presenting the most budgets on a trot - eight straight budgets ...

Maharashtra Deputy Chief Minister Eknath Shinde on Saturday said raising the income tax slab to Rs 12 lakh in the Union Budget for 2025-26 was “unprecedented” and has underlined the role of the middle ...

The Budget 2025 is being seen as an important step to revive the slackening urban consumption in India and thereby help ...

The IRS began processing tax returns Monday. For filers who submit their returns electronically using direct deposit, refunds are generally issued in less than 21 days. There is a caution from the tax ...

Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and ...

Many people don't know they may qualify for the earned income tax credit and get up to $7,830 for some families. Here's how to claim it on taxes.

It’s now the norm for Americans to file their taxes online — the IRS reports that more than 90 percent of individual tax returns were e-filed in 2023, the most recent data available. Even most profess ...

In the post-LDC era, Bangladesh must shift away from indirect taxes, streamline tax policies, and ensure a level playing field for both local and foreign businesses to create a sustainable economy ...

In her Budget 2025 speech, Finance Minister Nirmala Sitharaman mentioned startups six times, a lot more than last year, and ...