The government announced a massive income tax relief in a bid to stimulate consumption in the economy, while also staying ...

Budget 2025 focusses on providing relief to the middle class, while keeping its eye on development. Will it spur demand?

Cutting tax rates can promote growth, and conversely raising taxes can hinder it—the intellectual heritage of this line of thought stretches back to an 18th century economist. But this theory ...

Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.

By investing in NPS and applying standard deduction of Rs 75,000, taxpayers earning Rs 13.7 lakh salary can pay zero tax; ...

Amendments include a new income-tax bill, revised income tax slabs, and increased rebate thresholds under the Concessional Tax Regime, benefiting middle-class taxpayers. One of the major ...

The regret about this Budget is that it once again shies away from renewing its commitment to strategic disinvestment ...

If you're a salaried employee, you could be saving up to Rs 96,000 in tax annually, all thanks to the NPS and standard ...

The call for a rational income tax regime in India grows as the tax base remains narrow, with heavy reliance on the already taxed consuming classes.

The Income Tax Dept is sending SMS to taxpayers who donated to political parties and had claimed section 80GGC deduction. Although you have nothing to worry if you genuinely claimed this deduction.

Eliminating the income tax for working-class families at or below 150% of the federal poverty ... every dollar surely counts and helps close the gap. As the chair of the 2021-2022 NYC Racial Justice ...

Finance Minister Nirmala Sitharaman has made a big announcement regarding the new income tax bill. While presenting the ...