Highlights: FM Nirmala Sitharaman's announcement on February 1 brings a gift for the Indian middle class with no tax payable ...

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 ...

Federal efforts to rein in spending may clash with priorities in Michigan, where 4 out of every 10 budget dollars are sent ...

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

The finance minister announced steps to tackle slowing growth, rising prices and low middle-class consumption.

The Apollo C.E.O. Marc Rowan has championed a model that doesn’t fit within party lines.

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 ...

The fast-moving consumer goods index climbed 3% and logged its best day in eight months. The Indian government said people earning up to 1.28 million rupees ($14,791.53) per year will not have to pay ...

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 ...