The Union Cabinet approved the New Income Tax Bill on Friday. New Income Tax Bill LIVE: Finance Minister Nirmala Sitharaman may table the New Income Tax Bill in the Parliament on Tuesday. The intention to introduce the New Income Tax Bill was first announced by FM Sitharaman in her Union Budget 2025 speech.The Union Cabinet … Read more
Budget 2025: Here are 8 salary perks that taxpayers can avail to reduce their tax outgo under the old income tax regime. (AI image) New versus old income tax regime post Budget 2025: The new tax regime now offers complete tax exemption for annual earnings up to Rs 12 lakh. Including the Rs 75,000 standard … Read more
Shaadi.com CEO Anupam Mittal appreciated the government’s decision to levy zero tax on individuals earning up to ₹12 lakh, proposed in the Union Budget 2025. Anupam Mittal highlighted that the middle class has been a ‘punching bag,’ as they are taxed for every rupee they earn, while the rich get away by finding loopholes and … Read more
The freshly announced Union Budget 2025 leaves a lot to unpack, particularly with regards to just how a custom duty waiver on critical mineral scrappage is to help boost EV battery manufacturing. Here are a few Comparing the two: Lower import duty on refined critical minerals vs scrapped critical minerals. Last year’s budget had announced … Read more
2025-02-01 16:52:00 : Praise the tax burden of the central government’s actions to reduce income BleakVedanta LTD Chairman Anil Agarwal said on Saturday that the budget in 2025 was “perfect and pleasant.” Anil Agarwal added that the 2025 budget “stimulated strong consumption growth and accelerated the perfect JugalBandi”. “I am very happy to mining is … Read more
2025-02-01 13:58:00 : Edelweiss Mutual Funds CEO Radhika Gupta said the budget in 2025 had met the needs at the time in 2025 and gave “money to people”. Gubuta said that the income tax and exemption of the center will be “full of vitality for consumption and growth at the critical moment of the Indian … Read more