The budget introduces several significant changes for India’s elderly: doubling the TDS threshold and tax deduction limit on interest income to ₹1 lakh ...
Finance Minister Nirmala Sitharaman presented the Union Budget 2025, focusing on growth, inclusive development, and enhancing the middle class’s spending power. The budget emphasizes transformative ...
Labour's plan to tax inherited pensions could generate an estimated £40billion for the Treasury over the next two decades, far exceeding official estimates, according to new analysis. The tax measure, ...
India ’s middle-class is finally rejoicing! In a major announcement, Finance Minister Nirmala Sitharaman in her Budget 2025 speech said that there will be no income tax till income up to Rs 12 lakh ...
There is a compelling need for further simplification of personal income tax, specifically in adopting a more streamlined three-slab system in place of the current complex structure, writes Mohandas P ...