Finance Minister Nirmala Sitharaman on Friday proposed to double the limit for Tax Deduction at Source (TDS) on interest ...

The Budget speech had something for everyone, with significant tax relief for the middle class and senior citizens.

In a huge relief to the middle class, Union Finance Minister Nirmala Sitharaman on Saturday announced an increased income tax exemption for people with income up to Rs 12 lakh per annum.Presenting the ...

Finance Minister Nirmala Sitharaman reveals income tax cuts for the middle class, raising exemption thresholds and benefiting ...

BENGALURU: In a significant step to simplify the tax regime and also to reduce the compliance burden, the government has announced to reduce the number of TDS (tax deducted at source) rates. Also, the ...

Finance Minister Nirmala Sitharaman on Saturday announced significant income tax cuts for the middle class and unveiled a blueprint for next generation reforms for Viksit Bharat as she treaded a fine ...

Finance Minister Nirmala Sitharaman announces tax revisions to boost household consumption and ease tax compliance for small ...

The upcoming bill is expected to replace the 64-year-old Income Tax Act, enhancing transparency and easing tax compliance. While the budget did not introduce direct changes to startup tax regimes, it ...

The FM emphasised that the new Income-Tax Bill will uphold the spirit of “Nyaya” (fairness). An immediate test lies in how ...

FM Nirmala Sitharaman said that no income tax will need to be paid on annual income of up to Rs 12 lakh under the new tax regime.

The new tax regime, which is already the preferred choice of the country's 72% taxpayers, has been made more lucrative with additional tax slabs and lowering of taxation rates.

The threshold to collect TCS on remittances under RBI’s liberalised remittance scheme (LRS) is proposed to be raised from ₹7 ...