The middle class, which accounts for about 31% of India's population and makes up a core support block of the Bharatiya Janata Party (BJP), was beginning to feel discontented due to the huge tax ...

She said that the middle class gives strength of Indias growth and the Government has periodically hiked the Nil tax slab in recognition to their contribution. She said the proposed new tax structure ...

The government said people earning up to Rs 12.8 lakh ($14,800) per year will not have to pay any taxes, raising its threshold from Rs 700,000 ...

LIVE: Finance minister brought cheer to the middle class, making income up to ₹12 lakh tax free in the Union Budget 2025.

India’s finance minister unveiled broad income tax cuts today as Prime Minister Narendra Modi’s government looks to bolster consumption and perk up ...

According to the Union Budget document released on February 1, the government is reducing BCD from 2.5% to nil on sub-parts used in the manufacturing of PCBAs, camera modules, connectors, wired ...

In her Union Budget 2025 speech, Finance Minister Nirmala Sitharaman announced significant reductions in import duties for ...

The new regime for BCD (Basic Customs Duty) on interactive flat panel displays may cause the price of TVs that use imported ...

Indian Prime Minister Narendra Modi’s government presented an annual budget to Parliament on Saturday that focused on wooing ...

Finance Minister Nirmala Sitharaman announced revised tax slabs and rates under the new regime to reduce the burden for all ...

Union Budget, focusing on tax relief for the middle class. Key changes include no tax on income up to Rs. 12 lakh and revised tax slabs to increase disposable income and stimulate economic growth.

The modifications being made to rates and slabs will benefit all taxpayers. By drastically reducing middle-class taxes and ...