Under the proposed provisions, if a salaried or a retired taxpayer chooses the new tax regime, he will now get a standard deduction of Rs 75,000 instead of Rs 50,000, which was applicable till last year, on his/her salary or pension income. But for those who opt for the old tax regime the st
The Finance Minister proposed that an Integrated Technology Platform be set up to improve outcomes under the Insolvency and Bankruptcy Code (IBC), thereby ensuring consistency, transparency, timely processing, and better oversight for all stakeholders.
One aspect that always garners much traction on the Budget day is what got cheaper and what got costlier. Finance Minister Nirmala Sitharaman as part of her Budget presentation proposed a host of tweaks in basic customs duty (BCD) for various products or items that are critical for manufactu
Finance Minister Nirmala Sitharaman on Tuesday proposed to reduce customs duties on gold and silver to six per cent and on platinum to 6.4 per cent to enhance value addition in precious metal jewellery
To bolster the Indian start-up eco-system, boost the entrepreneurial spirit and support innovation, Finance Minister Nirmala Sitharaman proposed to abolish the so called angel tax for all classes of investors.
In order to provide on-job training to youth, Finance Minister Nirmala Sitharaman in her Budget speech proposed launching internship opportunities in 500 companies.
Karnataka's IT-BT Minister Priyanka Kharge said on Monday that he is not aware of what the IT firms have proposed with regard to extending employee working hours from 12 hours to 14 hours.
The Karnataka state government has proposed a new cess ranging from one to two per cent, on cinema tickets and Over-the-Top (OTT) subscription fees to support film and cultural workers.
Regional Industry Conclaves are being organised as a pre-event of the "Invest Madhya Pradesh-Global Investor Summit-2025". GIS-2025 is proposed to be organised in Bhopal on February 7 and 8 next year.