Search For "income tax relief"
India's GDP to grow 7% in FY26, Crisil raises growth forecast
Updated : 2 months, 4 weeks ago IST
The Indian economy is poised to grow at 7.0 per cent in the current fiscal 2025-26, Crisil said as it raised projections by 50 basis points soon after the country registered robust growth in the first half.
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More money in middle-class hands fuels strong outlook for tourism and hote
Updated : 3 months, 2 weeks ago IST
India's tourism and hospitality industry is set for a strong upswing, driven primarily by rising disposable incomes within the country's expanding middle class, according to a report by B&K Securities.
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Banking sector to see earnings recovery from Q2FY26, strong 17.7% CAGR pro
Updated : 5 months, 1 week ago IST
The Indian banking sector is set to witness earnings recovery in the second half of FY26, after a muted September quarter performance marked by margin pressure, moderate credit growth and a decline in profitability across private and public lenders, according to a research report by Motilal
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GST rate cuts, income tax relief to have multiplier effect on GDP numbers:
Updated : 5 months, 1 week ago IST
Speaking at the Network18 Reforms Reloaded 2025 summit in Delhi, Nageswaran said, "The GST 2.0 is a very significant landmark reform. I am very confident that it will provide a very significant boost to domestic demand. In addition to the indirect taxes, there are concessions and relief anno
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New GST rates, coming into effect this Navratri, to boost economy: Ashwini
Updated : 5 months, 1 week ago IST
The income tax relief provided for in the 2025-26 Budget, coupled with GST rate rationalisation, is set to further push India's economy to another level, Union minister and BJP leader Ashwini Vaishnaw told reporters Saturday, addressing a presser from the party headquarters.
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Income tax relief should not be seen as govt shifting focus from capex: Si
Updated : 1 year ago IST
Keeping people earning up to Rs 12 lakh annually out of the income tax ambit has triggered a debate that the government has shifted focus to boosting consumption after the two consecutive quarter GDP figures showed tepid growth.
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Income tax relief, repo rate cut to boost recovery in consumption: Sithara
Updated : 1 year, 1 month ago IST
Income tax relief provided for in the Budget coupled with RBI repo rate cut put together will boost recovery in consumption in the economy, asserted Finance Minister Nirmala Sitharaman.
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To benefit from income tax relief, you need jobs: Shashi Tharoor takes dig
Updated : 1 year, 1 month ago IST
Taking a dig at the Union Budget presented by Finance Minister Nirmala Sitharaman in Lok Sabha on Saturday, Congress MP Shashi Tharoor said that to benefit from tax exemption, one actually needs an income source.
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"Budget is for Viksit Bharat, PM's resolve to fulfil dream of energetic In
Updated : 1 year, 1 month ago IST
"This budget is for Viksit Bharat and for PM Modi's resolve to fulfil the dream of a new and energetic India. Every sector, be it agriculture, manufacturing, services, infrastructure or innovation, a new map has been drawn after having a proper study of every sector. A great relief has be
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Government likely to announce personal income tax relief in upcoming Budge
Updated : 1 year, 1 month ago IST
The government is expected to provide some relief to personal income taxpayers in the Union Budget for FY2026, according to a report by ICRA.
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Want budget to provide relief in income tax, says Chandigarh resident
Updated : 2 years, 1 month ago IST
Chandigarh residents expressed their expectations from the upcoming budget.
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Major personal income tax relief: Finance act 2023 amends section 87a, no
Updated : 2 years, 1 month ago IST
Ministry of Finance posted on X, "Benefits in Personal Income Tax! Vide Finance Act, 2023, Section 87A of the Income-tax Act, 1961 has been amended to allow rebate to tax resulting in no tax liability to persons having income up to Rs. 7 lakh. (1/5) #PromisesDelivered"
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