India's central bank cuts repo rate for first time in nearly 5 years
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
Growth in India services sector slows to more than 2-year low in Jan, PMI shows
Growth in India's dominant services sector was the slowest in over two years in January amid cooling demand but remained ...
Explainer: How India's tax rate tweaks will boost middle class spending
The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...
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From Indira Gandhi's 97.5% tax rate to Budget 2025: A shift in tax policy
India's tax policy has evolved significantly since the 1970s, when Prime Minister Indira Gandhi's government imposed a 97.5% income tax rate to promote economic equality. This policy led to ...
ThePrint7h
‘Average tax under GST dropped from 15.8 % to 11.3 %,’ Nirmala Sitharaman says in RS Budget session
Sitharaman was answering question raised by AITC MP Nadimul Haque on reforms under GST and if govt was planning to simplify ...
ThePrint3d
Income tax relief, repo rate cut to boost recovery in consumption: Sitharaman
Income tax relief provided for in the Union Budget coupled with RBI repo rate cut put together will boost recovery in ...
Average tax under GST dips from 15.8% to 11.3%: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax ...
GST cuts likely soon, rationalising of rates possible: FM Nirmala Sitharaman in Rajya Sabha
Additionally, the finance minister highlighted that there has been a significant decrease in GST rates, decreasing from 15.8% ...
After Budget rejig, India’s entry level tax rates lower than other major economies: MC Analysis
In her eighth budget, the finance minister raised the tax exemption limit to Rs 12 lakh a year from Rs 7 lakh and also ...
Tax implications of gifting funds to minor daughter to invest in US stocks
As per RBI norms, resident individuals can remit up to $250,000 per financial year for various permissible capital and ...