Explainer: How India's tax rate tweaks will boost middle class spending
The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...
Income Tax Slab For [FY 2025-26]
The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...
Budget 2025: India's Tax Rate Is Now Lowest Among THESE G-20 Countries
The Union Budget 2025–2026 has eliminated tax for middle-class individuals earning up to Rs 12 lakh. This makes India’s ...
From Rs 2 lakh to 12 lakh: Transformation of India’s personal income tax structure under Modi govt since 2014
In 2014, taxpayers were exempt from tax on income up to Rs 2 lakh. Budget 2025 has significantly expanded this relief to Rs ...
INDIA BUDGET India cuts income tax in a bid to boost consumption
India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...
India’s taxes nipping at your earnings? It could be worse.
Indian taxpayers, particularly those in the highest 30% tax bracket, have been crying hoarse that the country’s tax rates are ...
Tax Guru1d
Corporate Tax Rate Cuts: Impact on Revenue and Growth
The total revenue impact on account of tax benefits extended to companies was Rs. 96,892.39 Crores and Rs. 1,09,333.38 Crores (projected) in FY 2021-22 and FY 2022-23 respectively (Source: Receipt ...
Can Trump derail 2021 global corporate tax deal? India evaluating if framework can still work
India is assessing whether a global corporate tax deal agreed between 140 nations can work following US President Donald ...
Tax relief, RBI rate cut to boost Rs 10-25 lakh car segment: M&M
Mahindra & Mahindra reported a 19% increase in year-on-year profit to Rs 2,964 crore in the October to December quarter of ...
After FM Nirmala Sitharaman’s income tax relief in Budget 2025, will RBI also cheer the middle class with a rate cut?
The RBI is expected to cut the repo rate by 25bps in February, easing borrowing costs for the middle class. Analysts predict ...
India axes import tax on some smartphone parts in boost to Apple, Xiaomi
India has removed import duties on some components key to producing mobile phones, Finance Minister Nirmala Sitharaman ...