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Cabinet approves Income Tax Bill, expected to be tabled next week – Firstpost

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The Union Cabinet has approved the Income Tax bill and it is expected to be tabled in the parliament next weekread moreThe Union Cabinet,...

Taxpayers with income of up to Rs 13.25 lakh, not Rs 12 lakh, can pay nil taxes. Here’s how – Firstpost

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By claiming two deductions, an individual with a gross salary of Rs 13,25,000 can bring their net taxable income down to Rs 12 lakh,...

Sitharaman delivered big relief in a speech that lasted for 74 minutes – Firstpost

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One interesting fact from the Saturday address was that Sitharaman tabled the first full budget for Modi 3.0 in just 74 minutes, the shortest...

Sitharaman proposes Rs 300 cr to modernise Indian prisons – Firstpost

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In May 2023, the Home Ministry had finalised a comprehensive ’Model Prisons Act’ with provisions regarding establishment and management of high security jails, open...

On Trump tariff pressure, Sitharaman says ‘Income tax rebates not offered with that in mind’ – Firstpost

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When asked if the income tax rejig and changes in customs duty were proposed as a consequence of Trump’s tariff threats, Sitharaman said, “We...

How experts see tax cut in Sitharaman’s Budget 2025 – Firstpost

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After Union Finance Minister Nirmala Sitharaman proposed to make income up to Rs 12 lakh tax-free in the Budget 2025-26, among other measures, experts...

New tax regime 2025 and other FAQs on Union Budget answered – Firstpost

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“It’s a people’s budget. This Budget is a force multiplier. This Budget will increase savings, investment, consumption and growth,” said Prime Minister Narendra Modi...

Census to get delayed beyond 2025? What Sitharaman’s Union Budget 2025 hints at – Firstpost

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If budgetary proposals are anything to go by, the decadal census is unlikely to be carried out in 2025 as well with a meagre...

Income Tax cut can boost consumption by 10%, take GDP growth to up to 8%, says IMF Executive Director – Firstpost

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After Union Finance Minister Nirmala Sitharaman rejigged the income tax regime in the Budget 2025-26, IMF Executive Director Krishnamurthy V Subramanian said the move...

Sitharaman after rejigging New Tax Regime in Union Budget 2025 A breaking – Firstpost

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After raising the threshold of taxable income to 12.75 lakh from 7.5 lakh, Union Finance Minister Nirmala Sitharaman has said that the simplification of...

Sitharaman lays out a vision for Healthy India – Firstpost

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In the Union Budget 2025-26, Union Finance Minister Nirmala Sitharaman proposed to set up a Comprehensive Programme for Vegetables and Fruits to support the...

Govt to launch National Manufacturing Mission, ease access to credit to MSME & exporters – Firstpost

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With an eye at aiming boosting exports and improving self-reliance, Union Finance Minister Nirmala Sitharaman proposed to launch a National Manufacturing Mission in Budget...
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