Budget 2025 income tax expectations: The changes involve simplifying the language and rationalizing information by using formulas and tables. (AI image) Budget 2025 expectations: India’s government plans to simplify its income tax filing rules to make it less tedious for taxpayers to comply with the law and help cut down on disputes that have ballooned…
While an Indian residing abroad is popularly referred to as a non-resident Indian (NRI), the nomenclature is different under tax laws. It is not the country of origin, but the number of days stay in India, which determine whether a person will be a resident or non-resident for tax purposes.Resident individuals are taxable in India…
RSS-affiliated organisations have presented various proposals during pre-budget discussions with FM Nirmala Sitharaman. (AI image) Budget 2025: Finance Minister Nirmala Sitharaman is set to present this year’s Union Budget 2025 on February 1, 2025. Like every year, the middle class is looking at the Narendra Modi government to provide income tax relief.RSS-affiliated organisations have presented…
NEW DELHI: The upcoming annual budget for FY26 could announce further measures to boost employment generation, CII said on Sunday, emphasising that job creation at a mass scale is important to engage the young population productively, and drive inclusive growth in the world’s most populous nation. The industry body has suggested a seven-point agenda to…
A recent report by financial services firm Jefferies suggests that the government should raise capital expenditure (capex) by 10-12 per cent in the union budget 2025-26 to maintain its focus on infrastructure development and ensure confidence among stakeholders.“10-12 per cent YoY capex growth in Feb budget, based on broadly maintaining capex to GDP ratio, is…
NEW DELHI: Industry body CII in its budget suggestions for 2025-26 has recommended lowering the excise duty on fuel to boost consumption, especially at the lower income level, arguing that fuel prices significantly drive inflation. The budget could also consider reducing marginal tax rates for personal income up to Rs 20 lakh per annum. This…
Pre-Budget Meeting: वित्त वर्ष 2025-26 का बजट 1 फरवरी 2025 को पेश किया जाएगा और इसके लिए वित्त मंत्री का लगातार बैठकों का दौर जारी है. इसी कड़ी में शुक्रवार 20 दिसंबर को केंद्रीय वित्त मंत्री निर्मला सीतारमण देश के राज्यों के वित्त मंत्रियों के साथ बजट-पूर्व बैठक करेंगी. बजट 2025 से पहले ये अहम…
UP govt presents second supplementary budget of Rs 17,865 crore LUCKNOW: The Uttar Pradesh government on Tuesday presented the second supplementary budget for financial year 2024-25, amounting to Rs 17,865 crore. The budget was tabled on the second day of the winter session of the state assembly. After the Question Hour, Finance and Parliamentary Affairs…
New French Prime Minister Francois Bayrou will meet with the heads of parliamentary groups on Monday and Tuesday, starting with Marine Le Pen of the far-right Rassemblement National, he told La Tribune Dimanche in an interview. Bayrou, whose appointment on Friday made him the fourth person to serve as French prime minister this year, will…
Budget 2025: देश के बजट 2025-26 की संभावित तारीख 1 फरवरी 2025 है जिस तरह हर साल 1 फरवरी को बजट पेश होता है. इस आगामी बजट के लिए तैयारियां शुरू भी हो गई हैं और वित्त मंत्री निर्मला सीतारमण ने दो बैठकों की अध्यक्षता भी कर ली है. 7 दिसंबर, रविवार को वित्त मंत्री…