Nirmala Sitharaman said that the draft Bill will also simplify certain procedures and rules. The draft Bill will be tabled in Parliament soon.

Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26 on Saturday in which she announced reforms in various sectors, including tax reforms.

In a big relief for the middle class, Union Finance Minister Nirmala Sitharaman said those earning an annual income of up to Rs 12 lakh do not have to pay income tax. The move could prove beneficial ...

Following the Union Budget 2025 announcements by Finance Minister Nirmala Sitharaman, India has decided to reduce import duties on high-end bikes and luxury cars. This move is seen as a massive boost ...

Taxpayers will be able to claim nil valuation for two self-occupied properties instead of one. The reform will promote ...

The Finance Minister also announced the extension of the time limit for filing updated returns for any assessment year. The ...

PSU stocks dropped over 9% on Budget Day, with the BSE PSU index falling 2.7%. Investors were disappointed by a ...

In a post on X, Mittal claimed the new tax regime would make India income-tax-free. “Turns out that almost 90% tax-filers in ...

Aligning with India's broader vision to become a global AI hub, Finance Minister Nirmala Sitharaman has announced the ...

India’s Union Budget 2025-26 revealed a significant reliance on borrowings, accounting for 24 per cent of the government’s ...

Initiative expected to provide healthcare coverage to nearly 10 million online platform workers under Ayushman Bharat scheme ...