Search For "tax rate"
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 committed to maintain economic stability, foster growth throu
Updated : 1 year, 10 months ago IST
The India budget for the fiscal year 2024-25, presented on Tuesday, reflects a clear commitment to maintaining economic stability and fostering growth through substantial capital expenditure (capex) investments.
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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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New tax proposal without indexation for real estate is beneficial in most
Updated : 1 year, 10 months ago IST
In a social media post on "X" the income tax department says the proposed new tax rate without indexation is beneficial in most cases.
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Simplified capital gain tax rates for better public understanding, says Re
Updated : 1 year, 10 months ago IST
The changes in the capital gain taxes have been announced to make the rates simple to understand people so that they can understand their tax rates well, said Revenue Secretary, Sanjay Malhotra.
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Budget 2024 makes provisions for middle-class to fulfil home ownership dre
Updated : 1 year, 10 months ago IST
Union Minister Ashwini Vaishnaw on Tuesday said that the 2024-25 budget includes provisions to simplify tax rates, reduce taxes, and help middle-class families fulfil their dream of owning a home.
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Budget 2024: Tax rates on both short and long term capital gains raised wi
Updated : 1 year, 10 months ago IST
In what may come as somewhat dampener for stock market investors, Finance Minister Nirmala Sitharaman as part of her Budget speech on Tuesday announced an increase in both long term and short term capital gains.
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Middle class bearing more weight of heavy taxation than corporates: Jairam
Updated : 1 year, 10 months ago IST
He also criticised the 2019 move of the Centre to reduce corporate tax rates and said that it didn't trigger private investment as was being anticipated, instead private investment has fallen from 35 per cent under UPA rule to under 29 per cent today.
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BJP MP Tejasvi Surya urges Karnataka govt to roll back Bengaluru's new pro
Updated : 2 years, 2 months ago IST
Tejasvi Surya, the BJP MP representing Bengaluru South constituency, on Tuesday, urged the Karnataka government to roll back the Bruhat Bengaluru Mahanagara Palike's proposed property tax system, which relies on guidance value to determine the tax rates instead of the existing zonal-based c
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Comprehensive Guide to Corporate Tax Registration and Filing in the UAE
Updated : 2 years, 3 months ago IST
Abu Dhabi [UAE], February 15: The United Arab Emirates (UAE) introduced a federal corporate tax law which came to effect on 1st June 2023. It applies to all businesses operating in the country, with some exceptions. The corporate tax rate is 9 per cent on taxable income exceeding AED 375,000
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"Draws roadmap to achieve developed Bharat by 2047": Amit Shah praises Int
Updated : 2 years, 3 months ago IST
Heaping praise on the Interim Budget 2024-25, Union Home Minister Amit Shah on Thursday said that the budget draws the roadmap to achieve PM Modi's vision of a developed Bharat by 2047.
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Finance Minister Sitharaman unveils interim budget 2024 with emphasis on s
Updated : 2 years, 3 months ago IST
"In keeping with convention, I do not propose to make any changes relating to taxation and propose to retain the same tax rates for direct and indirect taxes including import duties."
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