As the government’s revenue from personal income tax rises, it will likely face greater scrutiny and higher taxpayer expectations regarding the tax system's efficiency, transparency, stability, and ...

Introduction: The Budget, 2024 has introduced significant changes to individual income tax slabs, making the new tax regime more appealing. While the new regime offers fewer deductions and exemptions, ...

Quarterly Net Profit at Rs. 13.47 crore in September 2024 down 41.69% from Rs. 23.10 crore in September 2023. EBITDA stands ...

Quarterly Net Profit at Rs. 35.81 crore in September 2024 up 18.01% from Rs. 30.35 crore in September 2023. EBITDA stands at ...

The inaugural Budget of the Modi 3.0 administration, presented by Finance Minister Nirmala Sitharaman in July 2024, included significant revisions to the tax regime, with a particular focus on the New ...

In India, certain gifts are subject to taxation under specific circumstances. Understanding these rules is crucial to avoid ...

If NSS investors withdraw the amount from their accounts now, both the principal and interest will be taxable.

The consultation paper also proposes changes to lock-in period, disclosures, redemption, clawback and stress testing mandates ...

Industry chambers urge Finance Ministry for direct tax rationalization and disinvestment blueprint in detailed presentation for FY25 budget.

The revisions include new income tax slabs for the fiscal year 2024-25. The standard deduction, which reduces the taxable income, has been increased from Rs. 50,000 to Rs. 75,000. Additionally, the ...

The group of ministers (GoM) on health and life insurance GST broadly agreed on exempting insurance premiums paid for term ...