The increases mean the price of a bottle of gin will rise by 32p while wine at 14.5 ABV (alcohol by volume) will increase by 54p.

Taxpayers are keenly awaiting possible reductions in tax rates and increased exemption limits, amid ongoing high inflation and shifting consumption trends ...

Budget 2025 is anticipated to provide tax relief for salaried individuals. Proposals include raising the tax-free income limit to ₹10 lakh and simplifying tax slabs to enhance disposable incomes.

The Union Budget 2025 presents an opportunity for the government to implement reforms that address the complexities of ...

In this write-up, we will analyze which tax regime — old or new — is more advantageous for individuals with an annual income of up to ₹15 lakh. For this comparison, we will assume the taxpayer is ...

Senate Finance Committee members will introduce legislation to stop companies from deducting or claiming credits on taxes paid to Russia.

Anyone earning Rs 2.5 lakh or more in India must file an ITR. This rule applies to everyone, not just high-income earners.

Tax planning done right can reduce your tax liability by up to 26%. Most people don’t know about the tax-saving opportunities they can use. A tax planner India helps you tap into these savings. The ...

Union Budget could simplify the tax regime, focusing on areas like better taxpayer experience, tangible benefits from taxes, ...

Also Read: Union Budget 2025: Will Nirmala Sitharaman Slash Tariffs, End Protectionism, Crony Capitalism To Empower MSMEs?

The new tax regime was first introduced in Union Budget 2020-21 by inserting a new section, 115BAC, in the Income Tax Act for ...

Will Budget 2025 merge India's income tax regimes? Former finance secretary Subhash Garg advocates for a unified system to ...