Beaumont's unique definition of a "balanced budget" raises concerns among City Council members about spending and rainy-day ...

Amid persistent liquidity concerns, the finance minister also raised the credit limits for loans with government guarantees for micro, small enterprises and startups.

In the Union Budget 2025, Finance Minister Nirmala Sitharaman introduced major tax relief for India’s middle class. Notable ...

The Finance Bill 2025 proposes amendments to Section 206C of the Income-tax Act to clarify the definition of “forest produce” and revise the tax collected at source (TCS) rates. Currently, TCS at 2.5% ...

Definition: According to Article 112 of the Indian Constitution, the Union Budget of a year, also referred to as the annual financial statement, is a statement of the estimated receipts and ...

Following the Samajwadi Party MPs walkout from the Lok Sabha during the Union Budget presentation, party chief Akhilesh Yadav ...

This amendment will take effect from the 1st day of April, 2026 and shall accordingly, apply in relation to the assessment year 2026-27 and subsequent assessment years. Clause 3 of the Bill seeks to ...

Crypto transactions are now to be reported to the Income Tax Department through an method to be notified later. The G20 ...

In Budget 2025, reporting entities such as banks and crypto exchanges are now required to regularly report information on ...

New Delhi: Following the Samajwadi Party MPs walkout from the Lok Sabha during the Union Budget presentation, party chief ...

In her Budget speech, the FM said the investment and turnover limits for classification of all MSMEs will be increased 2.5 and two times respectively.

The Union Budget introduces various GST law amendments, notably the Track and Trace Mechanism for goods prone to evasion. A ...