(Reuters) -India plans to cut personal income tax rates to boost middle-class spending power and seeks to increase private investment to strengthen growth, the 2025-26 budget showed on Saturday. The ...

The Federal Board of Revenue (FBR) has started sending tax notices to teachers and researchers, demanding full income tax payments. At the same time, the ...

In the Union Budget 2025-26, the government introduced some major reforms in the income tax and turned the income tax for ...

Budget 2025-26 introduces significant changes in the tax structure, offering greater relief to middle-class taxpayers by ...

Most presidents tend to avoid proposing changes to Social Security, because any change will eventually result in some group ...

Focusing on middle class, Nirmala Sitharaman quoted Telugu poet and playwright Gurajada Appa Rao: 'A country is not just its soil, a country is its people.' ...

The Union Budget 2025 introduces stricter tax rules for Non-Resident Indians (NRIs), including students and young professionals abroad. Key changes in ...

Finance Minister Nirmala Sitharaman increased the foreign direct investment (FDI) limit in the sector to 100 percent from 74 ...

Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle ...

Budget, FM Sitharaman declares that no income tax would be payable up to annual income of Rs 12 lakh, announcing that the ...

For salaried employees, the effective nil tax limit is going up to Rs 12.75 lakh, after standard deduction of Rs 75,000 ...

The new income tax regime, announced by Finance Minister Nirmala Sitharaman, promises significant relief to the middle class ...