With the Budget 2025 just announced, several taxpayers are rejoicing, especially the middle class, after Union…
Tag: income tax
Union Budget 2025-26: A ‘Game-Changer’ For India’s Middle Class ‘Lucky Bhaskars’
The Union Budget 2025-26 has ushered in a new era of financial freedom for India’s middle…
Old Tax Vs New Tax Regime: What Has Changed For Middle Class In Budget 2025-26
In a major move to ease the tax burden on middle-class taxpayers, Finance Minister Nirmala Sitharaman…
Tax Concessions Will Accelerate Both Spending And Savings: Economists On Budget 2025
Union Finance Minister Nirmala Sitharaman’s proposal to raise the minimum tax slab to Rs 12 lakh…
Union Budget 2025-26: Key Announcements For India’s Middle Class
The Union Budget 2025-26 brings a host of measures aimed at tax relief, home ownership, employment,…
Trump’s Tariff Tax Plan: A Game Changer Or Economic Gamble?
Donald Trump, the current and 47th US President, has proposed cutting federal income tax in favour…
Income Tax Refunds Jump 46.3% To ₹3.04 Lakh Crore In April-Nov
According to figures released by the Union Finance Ministry on Thursday, the number of tax refunds…
Tax Burden In India Shifts Towards The Super-Rich, 76% Of Income Tax Paid By Individuals In FY24 Came From Those Earning ₹50 Lakh+
The count of individuals reporting an annual income exceeding ₹50 lakhs surged to 9.39 lakh in…
India Sees 74% Drop In Income Disparity Since AY15, Direct Tax Collection Highest In 14 Years
A new report has revealed a cumulative 74.2 percent decline in income disparity coverage for those…
I-T Dept Carries Out Survey Operations In Delhi & Mumbai
A survey action under section 133A of the Income- tax Act, 1961(the Act) was carried out…