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From JNU To North Block: The Rise Of India's Finance Minister Nirmala Sitharaman
The upcoming parliamentary budget session will see Nirmala Sitharaman making history by presenting her 8th consecutive Union Budget.
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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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GST Council's Recommendations: What's Getting Expensive And Cheaper
The 55th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman on Saturday, announced several key recommendations to streamline tax processes and offer relief to individuals and businesses.
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Big Relief For Ajit Pawar, Tax Department Clears Assets Seized In Benami Case
In a big relief to Maharashtra Deputy Chief Minister Ajit Pawar, the Income Tax department has cleared properties worth over Rs 1,000 crore seized in 2021.
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Telcos Can Claim Tax Credit For Duties Paid On Towers, Others: Supreme Court
In a relief to mobile service providers, the Supreme Court on Wednesday held that the telecom companies can take the benefit of CENVAT credit for payment of service tax on the output services rendered by them.
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Will Income Tax Ever Be "Almost Zero"? What Finance Minister Said
Can income tax in India ever be "almost zero"? Finance Minister Nirmala Sitharaman said Tuesday she wished that could be the case, but given economic challenges facing India, including paucity of funds for research purposes, this is not likely.
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Relief For Homeowners As Centre Modifies Long Term Capital Gains Tax
The government on Tuesday proposed a relief to taxpayers with respect to capital gain tax on real estate properties by giving them the option to choose between 20 per cent and 12.5 per cent tax rates.
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Union Budget 2024: No Tax Relief for Crypto Sector, Industry Takes Respite in Angel Tax Abolishment
The Union Budget that was unveiled on Tuesday without any reduction in one percent TDS on all crypto transactions that has been requested by the crypto industry. Meanwhile, the Web3 community continues to vouch for patience and belief in the government for comprehensive industry-specific reforms in the future.
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Budget 2024: 5 Income Tax Changes Citizens, Experts Are Expecting
Finance Minister Nirmala Sitharaman will present the Budget in parliament from 11 am today, and the most anticipation is around whether the government will provide tax relief to the middle class.
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Opinion | Budget 2024: Don't Ignore The Tax-Squeezed Middle Class, Again
India's middle class expects substantial relief, not mere cosmetic changes It remains to be seen how the Finance Minister will navigate this tricky fiscal challenge.
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Investors Expect Crypto Tax Could Continue as Nirmala Sitharaman Returns as Finance Minister
The Indian crypto circle has been waiting for FM Sitharaman to revise the tax laws imposed over the crypto sector. Despite the outcry, the finance minister did not announce any taxation relief for the crypto sector while presenting the interim annual budget earlier this year. Her re-appointment to the finance minister’s position has sparked conce...
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No Court Relief For Ramdev, He Has To Pay Service Tax On Yoga Camps
In a setback to the Patanjali Yogpeeth Trust, the Supreme Court on Friday upheld an appellate tribunal's ruling that the organisation is liable to pay service tax for charging an entry fee for organising Yoga camps
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"No Coercive Steps Over Rs 3,500 Crore Demand": Tax Relief For Congress
"Won't Take Steps To Recover Dues During Polls": Income Tax Breather For Congress
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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.
-
From JNU To North Block: The Rise Of India's Finance Minister Nirmala Sitharaman
The upcoming parliamentary budget session will see Nirmala Sitharaman making history by presenting her 8th consecutive Union Budget.
-
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.
-
GST Council's Recommendations: What's Getting Expensive And Cheaper
The 55th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman on Saturday, announced several key recommendations to streamline tax processes and offer relief to individuals and businesses.
-
Big Relief For Ajit Pawar, Tax Department Clears Assets Seized In Benami Case
In a big relief to Maharashtra Deputy Chief Minister Ajit Pawar, the Income Tax department has cleared properties worth over Rs 1,000 crore seized in 2021.
-
Telcos Can Claim Tax Credit For Duties Paid On Towers, Others: Supreme Court
In a relief to mobile service providers, the Supreme Court on Wednesday held that the telecom companies can take the benefit of CENVAT credit for payment of service tax on the output services rendered by them.
-
Will Income Tax Ever Be "Almost Zero"? What Finance Minister Said
Can income tax in India ever be "almost zero"? Finance Minister Nirmala Sitharaman said Tuesday she wished that could be the case, but given economic challenges facing India, including paucity of funds for research purposes, this is not likely.
-
Relief For Homeowners As Centre Modifies Long Term Capital Gains Tax
The government on Tuesday proposed a relief to taxpayers with respect to capital gain tax on real estate properties by giving them the option to choose between 20 per cent and 12.5 per cent tax rates.
-
Union Budget 2024: No Tax Relief for Crypto Sector, Industry Takes Respite in Angel Tax Abolishment
The Union Budget that was unveiled on Tuesday without any reduction in one percent TDS on all crypto transactions that has been requested by the crypto industry. Meanwhile, the Web3 community continues to vouch for patience and belief in the government for comprehensive industry-specific reforms in the future.
-
Budget 2024: 5 Income Tax Changes Citizens, Experts Are Expecting
Finance Minister Nirmala Sitharaman will present the Budget in parliament from 11 am today, and the most anticipation is around whether the government will provide tax relief to the middle class.
-
Opinion | Budget 2024: Don't Ignore The Tax-Squeezed Middle Class, Again
India's middle class expects substantial relief, not mere cosmetic changes It remains to be seen how the Finance Minister will navigate this tricky fiscal challenge.
-
Investors Expect Crypto Tax Could Continue as Nirmala Sitharaman Returns as Finance Minister
The Indian crypto circle has been waiting for FM Sitharaman to revise the tax laws imposed over the crypto sector. Despite the outcry, the finance minister did not announce any taxation relief for the crypto sector while presenting the interim annual budget earlier this year. Her re-appointment to the finance minister’s position has sparked conce...
-
No Court Relief For Ramdev, He Has To Pay Service Tax On Yoga Camps
In a setback to the Patanjali Yogpeeth Trust, the Supreme Court on Friday upheld an appellate tribunal's ruling that the organisation is liable to pay service tax for charging an entry fee for organising Yoga camps
-
"No Coercive Steps Over Rs 3,500 Crore Demand": Tax Relief For Congress
"Won't Take Steps To Recover Dues During Polls": Income Tax Breather For Congress
-
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.
