Lauding the new tax regime, PM Modi said that his government seeks to put more money in the pockets of people, increase ...

Finance minister Nirmala Sitharaman announced that those with annual income of up to ₹12 lakh will not have to pay income tax.

Finance Minister Nirmala Sitharaman stated that the tax relief introduced in Budget 2025 reflects Prime Minister Narendra Modi's commitment to honouring taxpayers for their contribution to nation ...

Budget 2025 amends Section 23 of the Income Tax Act, allowing taxpayers to claim the annual value of up to two self-occupied properties as nil, without any condition. This simplification applies ...

Finance Minister Nirmala Sitharaman in her Union Budget 2025 speech said that the new Income Tax Bill will be introduced in Parliament next week. Individuals earning up to Rs 12 lakh annually will ...

Budget 2025 income tax expectations: The article examines the potential scrapping of the old income tax regime in the upcoming Budget 2025. It highlights the introduction and progression of ...

Income Tax Budget 2025 ... Finance Minister Nirmala Sitharaman is scheduled to present the budget on 1 February. President Droupadi Murmu will address a joint parliamentary session on January ...

Budget 2025: Finance Minister Nirmala Sitharaman, in the Union Budget 2024, had proposed to revamp the Income Tax Act, 1961, to make it concise and easier to understand. It is expected that in the ...

Addressing a post-Budget event here, the Finance Minister said the review of the Income-Tax Act, 1961 has a big component of ...

While presenting her seventh budget last July, Finance Minister Nirmala Sitharaman had offered limited tax relief, which failed to improve individuals’ purchasing power. The decline in wages and ...

Objecting to Union Finance Minister Nirmala Sitharaman’s statement calling Telangana a ‘debt-ridden state’, Bharat Rashtra ...