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In a giant announcement for India's middle class, Finance Minister Nirmala Sitharaman, announced that there will be no income tax payable for income up to Rs 12 lakh. This comes as the biggest tax ...
The tenure for filing updated tax returns has been extended from two to four years, allowing taxpayers more time to correct discrepancies. However, st ...
Finance Minister Nirmala Sitharaman presented the Union Budget 2025, focusing on growth, inclusive development, and enhancing the middle class’s spending power. The budget emphasizes transformative ...
The top prize is $1,000 a day for life. It is payable as a for-life annuity (minimum of 20 years) of $365,000 per year or a one-time lump sum payment at the election of the winner. The amount of the ...
Summary: The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, focused on reforms in taxation, agriculture, MSMEs, and exports. Direct tax proposals included no tax on incomes up to ...