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The income tax system in India operates through a progressive slab structure. The amount of tax an individual pays is directly proportional to their income in a financial year. The system is designed to ensure fairness, where higher earnings are taxed at a higher rate. The income tax slabs are periodically revised, usually as part…
Finance Minister Nirmala Sitharaman will soon present the second full Budget of the BJP-led NDA government’s third term. The Budget for 2025 is expected to be presented on February 1 at 11 am. More than just a financial statement, the Union Budget serves as a reflection of the country’s economic performance in the previous year…
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Union Finance Minister Nirmala Sitharaman chairs the ninth Pre-Budget Consultation with the experts from the Infrastructure, Energy and Urban Sectors in connection with the forthcoming Union Budget 2025-26, in New Delhi | Photo Credit: ANI Insurers are seeking tax benefits for buyers and incentives for selling policies in their wishlist for the upcoming Union Budget…
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Union Finance Minister Nirmala Sitharaman chairs the ninth Pre-Budget Consultation with the experts from the Infrastructure, Energy and Urban Sectors in connection with the forthcoming Union Budget 2025-26, in New Delhi. | Photo Credit: ANI Ahead of the upcoming Budget, industry bodyConfederation of Indian Industry (CII) on Sunday (January 12, 2025) suggested a 10-point agenda…
Read More “CII suggests 10-point agenda on ease of business reforms ahead of Budget” »
According to a statement issued by EPS-95 National Agitation Committee, the Finance Minister has conveyed to the delegation that their demands would be reviewed and addressed in a sympathetic manner. File | Photo Credit: PTI A delegation of EPS-95 pensioners met Finance Minister Nirmala Sitharaman on Friday (January 10, 2025) to press for their long-pending…