The tax regime from the early misguided Nehruvian Socialism was built on high tax rates. This is why, till 2014, India’s tax-to-GDP ratio was among the lowest in the world. Arguments against tax ...
(Iran burns oil instead, and has some of the world’s most polluted cities.) The regime’s ongoing attempts to reimpose draconian social rules and censorship laws have reenergized the ...
Currently, the new tax regime features slabs where income up to ₹3 lakh is tax-free, while earnings between ₹3 lakh and ₹7 lakh are taxed at 5%. The rates continue to increase, reaching 30% ...
Salaried individuals having standard deduction benefit of Rs 75,000 under the new tax regime will pay zero tax if gross taxable income does not exceed Rs 12.75 lakh. Current income tax laws allow zero ...
As Finance Minister Nirmala Sitharaman presented the Union Budget 2025, speculation resurfaced about the potential phase-out of the old tax regime. Presenting the Budget, Sitharaman today said ...
The finance minister says: "I am now happy to announce that there will be no income tax payable up to income of Rs 12 lakh (i.e. average income of Rs 1 lakh per month other than special rate income ...
Budget 2025: In a significant move aimed at easing the tax burden, Finance Minister Nirmala Sitharaman announced crucial changes to income tax slabs in Budget 2025. The nil tax slab has been raised ...
New income tax regime: Experts across various sectors are optimistic that the Finance Minister will introduce major measures in the new tax regime to ease the burden on the middle class. Listen to ...
Important to embrace diversity and to trust genius of faculty and students: Survey NEW DELHI: The latest Economic Survey has red-flagged the University Grants Commission's (UGC) restrictive regime ...
(Iran burns oil instead, and has some of the world’s most polluted cities.) The regime’s ongoing attempts to reimpose draconian social rules and censorship laws have reenergized the demonstrators who ...
Here’s what researchers found, plus how to ramp up your own exercise routine to get the perks. The study, which was published in the journal Circulation, analyzed data from two U.S. cohorts of ...
FILE - U.S. Army soldiers stand outside their armored vehicle on a joint base with the Iraqi army, south of Mosul, Iraq, Feb. 23, 2017. (AP Photo/ Khalid Mohammed, File) ...