Budget Tax Cut
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"Systemic Correction, Not Just Tax Cut": Shark Tank's Anupam Mittal On Budget
People Group and Shaadi.com founder Anupam Mittal praised the Union Budget's provision to not tax salaried individuals earning up to Rs 12.75 lakh, calling it a "systemic correction".
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Amid Trump Tariff Threats, India Cuts Import Duty On American Bikes, Cars In Boost To Harley And Tesla
India has significantly slashed customs duties on high-end motorcycles, cars and smartphone parts, a move that seems to give a boost to American companies like Harley-Davidson, Tesla and Apple.
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"Move To Attract Delhi, Bihar Voters' Attention": P Chidambaram On Tax Cuts
Former Union finance minister, Congress's P Chidambaram, today ripped into the Union Budget 2025, criticising it on multiple heads including the biggest talking point -- the income tax rebate to the middle class
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FAQs: Government Answers Your Questions On New Income Tax Regime
The government today cut personal income tax rates for some sections of taxpayers in a bid to boost consumption.
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Middle Class Always In PM Modi's Heart: Amit Shah On Tax Exemption
Union home minister Amit Shah, applauding the tax cuts in the Union budget today, said the middle class is always in PM Modi's heart.
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Finance Minister Nirmala Sitharaman Creates History With Eight Consecutive Budget
Finance Minister Nirmala Sitharaman presented a record eighth consecutive union budget, which comes in the backdrop of a slowdown in the economy and demand for tax cuts for the middle class.
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India Inc Seeks Cut In Personal Income Tax Rates At Pre-Budget Meet
Industry bodies also raised the issue of dumping of excess stock by China globally, including in India, and challenges posed to food security and inflation due to the "climate emergency", during the fifth pre-Budget consultation meeting.
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Income Tax May Be Reduced For Those Earning Up To Rs 15 Lakh: Report
India is considering cutting income tax for individuals making up to Rs 15 lakh a year in February's budget to provide relief to the middle class and boost consumption as the economy slows, two government sources told Reuters.
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UK's Birmingham To Approve Service Cuts, Tax Hikes To Avoid Bankruptcy
Councillors in the UK's second-largest city Birmingham were poised Tuesday to approve tax hikes and deep cuts to public services that could include axed arts funding and reduced rubbish collection, as the city fights to avoid bankruptcy.
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Why No Mention Of Fuel Tax Cut In Budget? Revenue Secretary Explains
Finance Minister Nirmala Sitharaman did not announce a cut in excise duty on petrol and diesel while presenting the interim Budget in Parliament yesterday.
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No Tax Cuts, No Big Announcements: Budget 2024 Is BJP's Confidence Message
The lack of big ticket announcements or any tax relief in the interim budget presented by Finance Minister Nirmala Sitharaman underlined the ruling BJP's confidence ahead of the national election.
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India Cuts Import Tax On Smartphone Parts: Will Handset Prices Drop?
In a bid to strengthen its position as a global smartphone manufacturing hub, India has reduced import duty on key components used in mobile phone production.
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India Could See Increase in Manufacturing of iPhones, Other Premium Phones After Tax Cuts on Imported Parts
After the government eliminated import tariffs on parts used to assemble high-end phones, India could now manufacture more premium smartphones, a tax official said. Indian mobile phone exports nearly doubled year-on-year to $5 billion between April-October in 2022, primarily supported by the government's key scheme to offer incentives to local manu...
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Budget 2023: TVs Made in India to Get Cheaper by Up to Rs. 3,000 After Tax Cuts on Imported Parts
Finance minister Nirmala Sitharaman, during her presentation of the Union Budget for 2023-24 on Wednesday, announced reduction in basic customs duty (BCD) on imported parts of TVs to 2.5 percent from five percent. Locally manufactured television sets could thus become cheaper by up to Rs 3,000
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Tax Cuts, Factory Incentives: What To Watch For In Budget 2023
Finance Minister Nirmala Sitharaman may tweak income-tax slabs to provide relief to the nation's vast middle class and increase spend on the poor.
-
"Systemic Correction, Not Just Tax Cut": Shark Tank's Anupam Mittal On Budget
People Group and Shaadi.com founder Anupam Mittal praised the Union Budget's provision to not tax salaried individuals earning up to Rs 12.75 lakh, calling it a "systemic correction".
-
Amid Trump Tariff Threats, India Cuts Import Duty On American Bikes, Cars In Boost To Harley And Tesla
India has significantly slashed customs duties on high-end motorcycles, cars and smartphone parts, a move that seems to give a boost to American companies like Harley-Davidson, Tesla and Apple.
-
"Move To Attract Delhi, Bihar Voters' Attention": P Chidambaram On Tax Cuts
Former Union finance minister, Congress's P Chidambaram, today ripped into the Union Budget 2025, criticising it on multiple heads including the biggest talking point -- the income tax rebate to the middle class
-
FAQs: Government Answers Your Questions On New Income Tax Regime
The government today cut personal income tax rates for some sections of taxpayers in a bid to boost consumption.
-
Middle Class Always In PM Modi's Heart: Amit Shah On Tax Exemption
Union home minister Amit Shah, applauding the tax cuts in the Union budget today, said the middle class is always in PM Modi's heart.
-
Finance Minister Nirmala Sitharaman Creates History With Eight Consecutive Budget
Finance Minister Nirmala Sitharaman presented a record eighth consecutive union budget, which comes in the backdrop of a slowdown in the economy and demand for tax cuts for the middle class.
-
India Inc Seeks Cut In Personal Income Tax Rates At Pre-Budget Meet
Industry bodies also raised the issue of dumping of excess stock by China globally, including in India, and challenges posed to food security and inflation due to the "climate emergency", during the fifth pre-Budget consultation meeting.
-
Income Tax May Be Reduced For Those Earning Up To Rs 15 Lakh: Report
India is considering cutting income tax for individuals making up to Rs 15 lakh a year in February's budget to provide relief to the middle class and boost consumption as the economy slows, two government sources told Reuters.
-
UK's Birmingham To Approve Service Cuts, Tax Hikes To Avoid Bankruptcy
Councillors in the UK's second-largest city Birmingham were poised Tuesday to approve tax hikes and deep cuts to public services that could include axed arts funding and reduced rubbish collection, as the city fights to avoid bankruptcy.
-
Why No Mention Of Fuel Tax Cut In Budget? Revenue Secretary Explains
Finance Minister Nirmala Sitharaman did not announce a cut in excise duty on petrol and diesel while presenting the interim Budget in Parliament yesterday.
-
No Tax Cuts, No Big Announcements: Budget 2024 Is BJP's Confidence Message
The lack of big ticket announcements or any tax relief in the interim budget presented by Finance Minister Nirmala Sitharaman underlined the ruling BJP's confidence ahead of the national election.
-
India Cuts Import Tax On Smartphone Parts: Will Handset Prices Drop?
In a bid to strengthen its position as a global smartphone manufacturing hub, India has reduced import duty on key components used in mobile phone production.
-
India Could See Increase in Manufacturing of iPhones, Other Premium Phones After Tax Cuts on Imported Parts
After the government eliminated import tariffs on parts used to assemble high-end phones, India could now manufacture more premium smartphones, a tax official said. Indian mobile phone exports nearly doubled year-on-year to $5 billion between April-October in 2022, primarily supported by the government's key scheme to offer incentives to local manu...
-
Budget 2023: TVs Made in India to Get Cheaper by Up to Rs. 3,000 After Tax Cuts on Imported Parts
Finance minister Nirmala Sitharaman, during her presentation of the Union Budget for 2023-24 on Wednesday, announced reduction in basic customs duty (BCD) on imported parts of TVs to 2.5 percent from five percent. Locally manufactured television sets could thus become cheaper by up to Rs 3,000
-
Tax Cuts, Factory Incentives: What To Watch For In Budget 2023
Finance Minister Nirmala Sitharaman may tweak income-tax slabs to provide relief to the nation's vast middle class and increase spend on the poor.
