“For a person earning Rs 12,10,000, in the absence of marginal relief, the tax would amount to ₹61,500 (5% of ₹4 lakh + 10% ...
With a slew of measures introduced in favour of micro, small and medium enterprises (MSMEs) in Budget 2025, access to capital and credit support for startups and MSMEs is set to expand significantly.
FM Nirmala Sitharaman discusses efforts to simplify the tax system, reduce compliance burden, and make direct taxation more user-friendly in Budget 2025.
While the proposal to raise the threshold of nil income tax to ₹12 lakh for individuals has received attention, there are other positive announcements in the budget for the economy’s growth. Image: ...
One of the reasons why a few sovereigns of Gold command immense respect in India compared to interest-earning assets such as ...
The backdrop of the proposal is significant given that India's rural landscape comprises approximately 0.65 million villages ...
The revised import duties will see a drop from 50% to 40% for motorcycles with engine capacities of up to 1,600 cc, while bikes exceeding 1,600 cc will enjoy a steeper reduction, with duties falling ...
Volkswagen has challenged India's $1.4 billion tax demand, citing risks to its investment and the country's foreign investor climate.
Reliance Retail launches Shein's fashion app in India under a licensing deal, marking Shein's return nearly five years after its ban over security concerns.
and taxpayers, Sitharaman today announced there will be no income tax payable on income up to ₹12 lakh under the new tax ...
The IPO comprises an Offer for Sale (OFS) of up to 43,753,952 equity shares. WeWork India will not receive any proceeds from the sale.
India Inc has termed the Budget ‘pro-middle class’, saying that it manages to deliver on consumption, investment, and social welfare.