New tax proposal without indexation for real estate

In a social media post on "X" the income tax department says the proposed new tax rate without indexation is...

Budget has given new incentives to taxpayers

Under the proposed provisions, if a salaried or a retired taxpayer chooses the new tax regime, he will now get a...

UKIBC applauds India's Union Budget 2024-25

According to a press release, the council also expressed anticipation for the detailed announcements on foreign...

Simplified capital gain tax rates for better public understanding

The changes in the capital gain taxes have been announced to make the rates simple to understand people so that they...

'Political compulsion budget to appease allies': Himachal CM

The Chief Minister said that the Union Budget has once again failed to address the pressing issues that plague our...

“Reforms in custom duties will support domestic manufacturing”: F

In her budget speech in Parliament today, Finance Minister Nirmala Sitharaman said that the budget proposals for...

Budget sets in new era of growth and development ; Tarun Chugh

BJP national general secretary Tarun Chugh on Tuesday lauded the annual budget as the beginning of a new chapter in...

Shameful to see Delhi asking funds from Centre: MCD's Raja Iqbal

The leader of opposition in Municipal Corporation of Delhi (MCD), Raja Iqbal Singh said that it's shocking to see...

Budget 2024 includes provisions for middle-class families: BJP

Union Minister Ashwini Vaishnaw on Tuesday said that the 2024-25 budget includes provisions to simplify tax...

Industry leaders hail Union Budget as roadmap of Viksit Bharat

The industry leaders said that the continued capital expenditure-led growth, like spending on infrastructure, and...

Startups applaud Government's move to abolish Angel Tax

The abolition of the angel tax has brought relief to startups amidst the persistent funding winter.

Fund allocations to key sectors and schemes

The revenue to the government is generated from multiple sectors. Income tax contributes 19 per cent, borrowings and...