Search For "income tax rates"
Sitharaman says "numbers speak for themselves" as Indians increasingly opt
Updated : 1 year, 9 months ago IST
In the Budget for 2020-21, the government, in order to provide relief to individual taxpayers and to simplify the income-tax law, had proposed to bring a new and simplified personal income tax regime wherein income tax rates were significantly reduced for those who forgo certain deductions a
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Union Budget 2024: Real Estate Sector Responds to Strategic Investments an
Updated : 1 year, 10 months ago IST
Delhi NCR [India], July 25: Finance Minister Nirmala Sitharaman announced India's Union Budget for 2024-25, focusing on employment, skill development, support for MSMEs, and the middle class. This pivotal moment for India's fiscal policy outlined the government's financial roadmap, with all
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Cryptocurrency is under discussion with G20 nations: Union Finance ministe
Updated : 3 years, 3 months ago IST
Responding to a question on the new income tax regime announced in the Union Budget 2023, the Minister said that the simple step of trying to leave some money in the middle-class' hands leads to a lot of inferences. "We had said earlier we will simplify and reduce income tax rates, that's wh
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Budget 2022 tax proposals cheer industry, no change in income tax rates
Updated : 4 years, 4 months ago IST
New Delhi [India], February 1 (ANI): The Union Budget presented on Tuesday did not change the income tax rates for the fiscal year 2022-23.
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Union Budget 2022-23: Expectations on changes in income tax slabs and rate
Updated : 4 years, 4 months ago IST
New Delhi [India], January 30 (ANI): One of the most keenly awaited announcements in the union budget every year is related to personal taxation. In every budget income tax rates and slabs are reviewed. However, the income tax slabs have not been changed since 2014. Will Finance Minister Nir
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Sitharaman holds pre-Budget consultations with prominent industrialists
Updated : 6 years, 5 months ago IST
New Delhi [India], Dec 19 (ANI): Finance Minister Nirmala Sitharaman on Thursday held her sixth pre-Budget consultations with leading industrialists who called for a reduction in personal income tax rates to revive consumption amid the continuing economic slowdown.
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Panagariya disapproves Budget proposal to tax super-rich, bats for wealth
Updated : 6 years, 10 months ago IST
New Delhi [India], July 16 (ANI): Former Vice Chairman of Niti Aayog Arvind Panagariya on Tuesday said that India must encourage wealth creation by lowering income tax rates and surcharge if it aspires to become a five trillion dollar economy in the next five years.
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Trump unveils blueprint for major tax reforms
Updated : 8 years, 9 months ago IST
Washington D.C. [U.S.A], April 27 (ANI): U.S. President Donald Trump has released a tax plan that proposes to cut income tax rates, slash taxes for businesses and on overseas corporate profits returned to the country.
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