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New Income Tax Bill Tabled In Parliament. Here's What Is Different In It
Finance Minister Nirmala Sitharaman tabled the new income tax bill - which she had mentioned in her Budget speech on February 1, and which is expected to reduce the jargon in the Income-Tax Act of 1961, making it easier to understand.
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RBI Governor Says Crypto Discussion Paper Will Clarify India’s Stance on Virtual Assets; Industry Reacts
RBI Governor Sanjay Malhotra stated that the upcoming crypto discussion paper, being prepared under the Finance Ministry’s oversight, will provide clarity on the future of crypto assets in India. However, he did not specify a timeline for its release.
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Opinion | A Budget That Understands Balance
It is forward-looking, extending beyond FY26 to lay the groundwork for the next five years.
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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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"Every Family Happy": PM Plays Up Budget Tax Breather At Delhi Poll Rally
As campaigning for the February 5 election in Delhi enters its last leg, Prime Minister Narendra Modi today pointed to Budget 2025 and played up the proposals for Bihar and the income tax relief to the middle class.
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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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Union Budget 2025-26: What Does It Offer Senior Citizens?
Union Finance Minister Nirmala Sitharaman on Friday proposed to double the limit for TDS on income interest, hike the threshold on rent and exempt withdrawals from National Savings Scheme (NSS) accounts from tax for senior citizens.
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Opinion | 8 Game-Changers In Union Budget 2025
As India navigates global uncertainties, this budget positions the country as a potential leader, signalling to investors that it prioritises stability, sustainability, and inclusive growth.
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Opinion | Union Budget: Keeping The Kingmakers Happy
The middle class, which accounts for about 31% of India's population and makes up a core support block of the Bharatiya Janata Party (BJP), was beginning to feel discontented due to the huge tax burden on it.
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Opinion | Union Budget: Don't Let Capex Down
It is important to recognise that certain ministries, particularly those overseeing large-scale infrastructure projects like road transport and highways, may eventually reach a saturation point where additional investments yield diminishing returns.
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Direct Tax Decoded: How It Affects Your Income And Investment
The primary feature of direct taxes is that they are paid directly by the taxpayer to the government, without the involvement of any intermediary.
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Budget 2025: What Is Standard Deduction And How It Benefits Taxpayers
With the Union Budget 2025 set to be presented on February 1, Finance Minister Nirmala Sitharaman faces mounting expectations for tax relief as inflation rises and disposable income shrinks.
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What Is Direct Tax Code And How It Is Different From Income Tax Act, 1961
A set of new tax laws called the Direct Tax Code is likely to simplify compliance for taxpayers soon.
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Businessman's Rs 137 Crore Unaccounted Wealth Seized In IT Raid In Rajasthan
Unaccountedwealthamounting toRs137crorewasseizedby the Income Tax Department during a four-day raid operation at 23 locations in Rajasthan and Mumbai connected to Udaipur-based transport businessman Tikam Singh Rao.
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Last Date To Link PAN With Aadhaar Card Approaching Soon: Here's How To Do It Online
The Income Tax department is urging taxpayers to link their Permanent Account Number (PAN) with the Aadhaar Card before December 31, 2024.
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New Income Tax Bill Tabled In Parliament. Here's What Is Different In It
Finance Minister Nirmala Sitharaman tabled the new income tax bill - which she had mentioned in her Budget speech on February 1, and which is expected to reduce the jargon in the Income-Tax Act of 1961, making it easier to understand.
-
RBI Governor Says Crypto Discussion Paper Will Clarify India’s Stance on Virtual Assets; Industry Reacts
RBI Governor Sanjay Malhotra stated that the upcoming crypto discussion paper, being prepared under the Finance Ministry’s oversight, will provide clarity on the future of crypto assets in India. However, he did not specify a timeline for its release.
-
Opinion | A Budget That Understands Balance
It is forward-looking, extending beyond FY26 to lay the groundwork for the next five years.
-
"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".
-
"Every Family Happy": PM Plays Up Budget Tax Breather At Delhi Poll Rally
As campaigning for the February 5 election in Delhi enters its last leg, Prime Minister Narendra Modi today pointed to Budget 2025 and played up the proposals for Bihar and the income tax relief to the middle class.
-
"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
-
Union Budget 2025-26: What Does It Offer Senior Citizens?
Union Finance Minister Nirmala Sitharaman on Friday proposed to double the limit for TDS on income interest, hike the threshold on rent and exempt withdrawals from National Savings Scheme (NSS) accounts from tax for senior citizens.
-
Opinion | 8 Game-Changers In Union Budget 2025
As India navigates global uncertainties, this budget positions the country as a potential leader, signalling to investors that it prioritises stability, sustainability, and inclusive growth.
-
Opinion | Union Budget: Keeping The Kingmakers Happy
The middle class, which accounts for about 31% of India's population and makes up a core support block of the Bharatiya Janata Party (BJP), was beginning to feel discontented due to the huge tax burden on it.
-
Opinion | Union Budget: Don't Let Capex Down
It is important to recognise that certain ministries, particularly those overseeing large-scale infrastructure projects like road transport and highways, may eventually reach a saturation point where additional investments yield diminishing returns.
-
Direct Tax Decoded: How It Affects Your Income And Investment
The primary feature of direct taxes is that they are paid directly by the taxpayer to the government, without the involvement of any intermediary.
-
Budget 2025: What Is Standard Deduction And How It Benefits Taxpayers
With the Union Budget 2025 set to be presented on February 1, Finance Minister Nirmala Sitharaman faces mounting expectations for tax relief as inflation rises and disposable income shrinks.
-
What Is Direct Tax Code And How It Is Different From Income Tax Act, 1961
A set of new tax laws called the Direct Tax Code is likely to simplify compliance for taxpayers soon.
-
Businessman's Rs 137 Crore Unaccounted Wealth Seized In IT Raid In Rajasthan
Unaccountedwealthamounting toRs137crorewasseizedby the Income Tax Department during a four-day raid operation at 23 locations in Rajasthan and Mumbai connected to Udaipur-based transport businessman Tikam Singh Rao.
-
Last Date To Link PAN With Aadhaar Card Approaching Soon: Here's How To Do It Online
The Income Tax department is urging taxpayers to link their Permanent Account Number (PAN) with the Aadhaar Card before December 31, 2024.
