Alternatively, the 2020 Union Budget introduced the New Tax Regime, featuring reduced tax rates and fewer exemptions and deductions than the previous system. The New Tax Regime has since become ...

Finance Minister Nirmala Sitharaman will present the Union Budget 2025 tomorrow, February 1. PM Modi invoked Goddess Lakshmi while talking about the poor and middle class, sparking curiosity about ...

However, for India to move from 9% to 50% or more penetration and push domestic manufacturing, Budget 2025 must introduce stronger tax incentives and policy measures to address key industry challenges ...

As India's Union Budget 2025 approaches ... Finance Minister Nirmala Sitharaman will present Budget 2025 in Lok Sabha on February 1. There are various taxes that you may not be aware of, one of them ...

New Delhi, Jan 30 (PTI) The Institute of Chartered Accountants of India (ICAI) on Thursday said it hopes the Union Budget will have measures to ... Social and Governance)-led initiatives through tax ...

With the Union Budget approaching, the QSR industry is hopeful that policymakers will introduce measures to support business growth. Beyond tax reductions and sustainability incentives ...

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

As India gears up for the Union Budget 2025-26 ... concerns about spending efficiency arise. Meanwhile, net tax revenues have reached 56% of the target, with a 24% YoY jump in income tax collections.

The European Union Official Gazette Jan. 21 published the European Commission (EC) decision on State Aid Case No. SA.109641, approving the Italian tonnage tax regime for maritime transport activities.

The nil tax rate now applies to income up to Rs 3 lakh, with subsequent slabs adjusted accordingly. For instance, a 5 per cent tax rate applies to income between Rs 3 lakh and Rs 7 lakh, and a 10 per ...