union budget

Finance Minister Nirmala Sitharaman on Friday said the Narendra Modi government has provided several tax benefits to middle class people, including income tax exemption for those earnings up to Rs 7.27 lakh per annum. Asserting that no…

The changes were expected to take place from July 1. The transactions conducted via international credit cards while abroad will not be counted under the Liberalised Remittance Scheme and will not be subject to TCS even after October…

NEW DELHI: Amid concerns over NHAI's debt, the highway construction agency has estimated that its repayment obligations will peak at Rs 62,000 crore in 2027-28, by which time its toll revenue will also rise to Rs 69,000 crore, leaving it…

WASHINGTON: India is expected to have a stable debt-to-GDP ratio going forward, a senior official from the International Monetary Fund said on Wednesday and recommended rationalization and simplification of Goods and Services Tax…

The new tax regime is the default system to calculate income tax from April 1, 2023. The exemption limit has been raised from Rs 2.5 lakh to Rs 3 lakh under the new regime.The Union Budget 2023-24 brought significant changes to the personal…

NEW DELHI: In a relief to REITsand InVITs, the Finance Bill on Friday proposed to treat distribution from business as return of capital.While presenting the Union Budget on February 1, the government had proposed to tax income distributed…

Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, on Monday broadly outlined the IndiaAI programme and how it will help the country build world-class platforms, solutions and tools to not only solve local issues but also…

NEW DELHI: Citing the increase in government capex that was announced in the Union Budget, Prime Minister Narendra Modi on Tuesday urged the private sector to step up investments, while also asking companies to become part of global supply…

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The government will seek expert views on the skills and education related announcements made in the Union Budget 2023-24 on Saturday following which high-level committees will be formed to lay out the roadmap for implementation. Six working…