While the Election Commission has barred the BJP-led Central government from making Delhi-specific announcements in the Union Budget, the income tax relief for the middle class is seen by many as a ...

T he Finance Minister has clarified that Unit Linked Insurance Plans (ULIPs) on whom clause (10D) of section 10 does not ...

Prime Minister Narendra Modi was fully behind the idea to cut taxes but it took time to convince the bureaucrats, says ...

Lakshadweep Yuva Morcha has expressed support for Budget 2025, presented by Union Finance Minister Nirmala Sitharaman on ...

Finance Minister Sitharaman announced significant tax relief for the middle class, exempting annual incomes up to Rs 12 lakh from income tax under the new regime, while also rejigging tax slabs.

In addition to the tax relief, the Finance Minister also introduced reforms to simplify the Tax Deduction at Source (TDS) system.