Expelled Amma Peravai wing of the All India Anna Dravida Munnetra Kazhagam (AIADMK) General Secretary V.K. Sasikala on Tuesday expressed disappointment over the Union Budget 2026, stating that the absence of any changes in the individual income tax slabs was disappointing to the public.
Shah expressed his views soon after Finance Minister Nirmala Sitharaman presented her ninth Budget in the Parliament. While no changes were announced to the tax slabs, Sitharaman announced the implementation of the New Tax Act from April 1, 2026. This was the first time in the history of
One passenger said he had high hopes for the Budget, praising last year's exercise in which income tax slabs were revised. He said the Budget holds added significance amid the changing global order, as India is emerging as a soft power and strengthening its international relations.
The government is expected to turn its attention to India's customs law and duty structure in the upcoming Union Budget, with possible announcements on rate rationalisation and a broader review of the customs framework, says Deloitte India Partner Saloni Roy.
Unveiling the Policy in Rail Bhawan in New Delhi, the Union Minister described this moment as a game changer. He said, these reforms will bring down the cost of cement for the middle and poor families as they build their dream home. As per the new policy, distance and weight slabs have be
The Securities and Exchange Board of India (SEBI) has proposed removing the additional 5 basis points (bps) expense allowance earlier granted to asset management companies (AMCs). The regulator has, however, proposed a 5 bps increase in the first two Total Expense Ratio (TER) slabs to partly
A renewed sense of enthusiasm and momentum has been felt across markets, industry, business circles, and among the general public, following recent reform in tax slabs of the Goods and Services (GST), said Union Commerce and Industry Minister Piyush Goyal during a press conference co-headed
"Accordingly, rate reduction, simplifying the process, bringing down the number of slabs from four to two, and resolving classification-related issues have all been completed well before time. Next-Gen GST Reforms came into effect from the first day of Navratri, and I feel the people of I
Uttarakhand Chief Minister Pushkar Singh Dhami on Wednesday led a GST awareness rally in the primary market of the district headquarters. During the visit, he interacted directly with traders and the general public, sharing essential information about the recently reduced GST slabs announ
The rationalisation of GST slabs and targeted measures to make essential and aspirational goods more accessible have significantly boosted consumer confidence, resulting in record-breaking consumption across key sectors, they said
The Goods and Services Tax (GST) reforms, approved by the Union Government on September 4, came into effect on September 22. GST 2.0 features two main tax slabs, 5% and 18%, with a 40% compensation cess for luxury and sin goods.