Nirmala Sitharaman has said that the direct income tax rates and slabs remain unchanged. This means taxpayers will continue to pay tax at the same rate as in the current financial year. Under the ...

The Union Budget 2026 has introduced a series of measures that will directly impact India’s income tax payers, tightening compliance while offering limited relief on timelines and disclosures ...

Under the existing provisions of the Income-tax Act, capital gains arising from the redemption of Sovereign Gold Bonds issued ...

The Finance Minister unveiled the Union Budget 2026. However, salaried and middle class looked for any relief in the income ...

California drivers and Republican legislators are furious over a Democrat-led proposal that could see motorists taxed for each mile they drive. With the state staring down a budget deficit in the ...

Union Budget 2026: Standard Deduction Raised to Rs 75,000, Basic Exemption Limit Remains the Same ...

The Budget outlines a three-pronged framework focused on economic growth, capacity building, and inclusive development.

Budget 2026 introduces significant relief for salaried and middle-class taxpayers, including a new simplified Income Tax Act and automated NIL deduction certificates. Key changes also encompass tax ...

The country’s fiscal deficit will be marginally lower than the Budget estimate of 4.4% made in 2025-’26, Finance Minister Nirmala Sitharaman said.

Under the new VB-G RAM G framework, the Centre will fund 60 per cent of the scheme, while states will now be required to ...

The government has proposed that small taxpayers can disclose their foreign assets as part of a one-time six-month scheme.