The budget has now clarified that Ulips with annual premiums over ₹2.5 lakh will be taxable as capital assets and the ...

The Union Budget 2025-26 increased the income tax basic exemption limit to Rs 4 lakh under the new tax regime, benefiting all ...

The banking sector unions, under the aegis of the All India Bank Employees' Association (AIBEA), have sought exemption from income tax on profits of cooperative banks in the upcoming Union Budget to ...

Indian taxpayers, particularly those in the highest 30% tax bracket, have been crying hoarse that the country’s tax rates are ...

Budget 2025 income tax expectations: With Budget 2025 approaching, individual taxpayers expect key changes, such as higher tax exemption limits, increased rebates, and enhanced standard deductions.

the old income tax regime might remain unchanged. Currently, the new tax regime offers a basic exemption threshold of Rs 3 lakh. There are expectations that this threshold could be raised to Rs 5 ...

Speculation is rife that the government may introduce significant changes to the new tax regime, including a higher basic exemption limit and a potential tax-free income threshold of Rs 10 lakh.

Highlights: FM Nirmala Sitharaman's announcement on February 1 brings a gift for the Indian middle class with no tax payable ...

Budget extends tax benefits for SWFs and pension funds investing in infrastructure assets, encouraging global investors in India.

Almost all finance ministers of India have ... clear answer. Tax evasion, low wage growth, high unemployment, and high exemption limits mean that very few people qualify to pay income taxes.

Speculation is rife that the government may introduce significant changes to the new tax regime, including a higher basic exemption limit and a potential tax-free income ... 30% of India's ...

Finance Minister Nirmala Sitharaman announced an increase in the basic income tax exemption limit from Rs 3 lakh to Rs 4 lakh ...