India plans to cut personal income tax rates to boost middle-class spending power, Finance Minister Nirmala Sitharaman said ...

India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...

FM Nirmala Sitharaman will continue to hold the record of presenting the most budgets on a trot - eight straight budgets ...

Despite the announced cuts in income tax rates, the Centre has projected a significant increase in gross income tax receipts ...

The new tax regime is the default tax regime. The highest tax rate of 30% is applicable from net taxable income above Rs 15 lakh. However, the new tax regime offers limited deductions to the taxpayer.

Budget 2025 saw major income tax changes with FM Nirmala Sitharaman announcing new income tax slabs and income tax ...

FM Nirmala Sitharaman presents Budget speech amid massive chaos from Opposition. Union Cabinet approved the Budget ahead of ...

Presenting the 14th consecutive Budget under the Narendra Modi government since 2014, FM Sitharaman also proposed the ...

The new income tax bill - a direct tax code meant to simplify compliance for individual taxpayers - will be introduced next ...

Memes on social media reflected the celebratory mood among middle-class tax payers as finance minister Nirmala Sitharaman ...