New Delhi, Feb 1 (IANS) The Narendra Modi government 3.0 has continued the focus on income tax relief for the salaried class initiated by the NDA government in 2014, breaking away from the UPA’s practice of offering small doses of tax savings to the middle class. The Union Budget 2025-26 presented by Union Minister for … Read more
New Delhi, Jan 27 (IANS) Mild cuts in personal Income Tax rates to boost consumption and concessional Corporate Tax scheme for manufacturing hubs and FDIs to push the ‘Make in India’ strategy are likely in Budget 2025-26 with the government aiming to push economic growth, according to a private sector report. “Watch for higher customs … Read more
New Delhi, Jan 26 (IANS) A pre-budget survey reveals that individual taxpayers want relief on the personal tax front to increase their disposable income in Budget 2025-26 to be presented in Parliament by Finance Minister Nirmala Sitharaman on February 1. A majority of respondents, 57 per cent, want lower tax rates, while 25 per cent … Read more