This part looks at income tax receipts, tourism, and the securities transaction tax. Each topic has a pair of charts—one presenting the context the Budget faced, and the other showing what Sitharaman ...

The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...

Finance Minister Nirmala Sitharaman is expected to table the New Income Tax Bill in Parliament on Tuesday. Approved by the ...

The new Income Tax Bill will replace the Income Tax Act. However, not many people are able to understand how the new tax bill ...

Substantial reduction in the Act’s volume The review has led to a substantial reduction in the Act’s volume, making it more ...

Finance Minister Nirmala Sitharaman is set to table the New Income Tax Bill, which aims to replace the 1961 Income Tax Act.

For salaried Indians, a higher income offers greater opportunities for saving and investing. However, understanding the tax ...

Migration to the new tax regime to gain further pace; new IT Act to ease tax filing and compliance, they say at India ...

India's new tax exemption for salaries up to Rs 12 lakh sparked online debate about income levels. Finance Minister Nirmala Sitharaman announced the exemption during Saturday's budget speech ...

A major focus of the new tax bill is likely to be on lowering the number of such disputes by clearly defining provisions and ...

The new income tax bill must align with global best practices to attract foreign investment, support domestic businesses, and benefit individual taxpayers, experts said as India’s tax regime ...

The Direct Tax Code was announced in the Budget 2025 by Union finance minister Nirmala Sitharaman on February 1 ...