Understand the major updates in India’s Income Tax Bill 2025, including tax law simplification and a shift to a unified tax ...

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 ...

The new Income Tax bill will replace the existing Income Tax Act, 1961. The new bill is being brought to consolidate and ...

India’s record tax cuts are expected to give only a limited boost to economic growth as consumers use the savings to cut back ...

DOGE - led by Tesla CEO Elon Musk - posted a list of cancelled US taxpayer-funded initiatives with a mention of $21 million ...

Multifarious Key Taxation Laws and Rules: The Indian taxation system is governed mainly under the Income Tax Act, 1961, with relevant sections being: Section 4: General Taxability. Section 90: ...

The Income Tax Bill, 2025, introduces changes affecting NRIs and foreign companies, including tax rates on dividends and ...

President Donald Trump’s shift in policy to reciprocal tariffs is a relief to markets, U.S. consumers and most trading ...

India’s tax system saw important updates, making the new tax regime the default for most taxpayers. While it offers lower tax rates, it removes many traditional exemptions.

The Government of India introduced a new optional tax rate regime for salaried individuals and pensioners during the Union Budget 2020-21. The new tax regime has been made as a default one ...

India’s 2025 budget cuts taxes to boost spending, but can it offset slowing growth amid inflation, weak demand, and global ...