Budget 2025 expectations highlights: Income tax changes, new sectoral policies
Trending News
1 month, 3 weeks ago

Budget 2025 expectations highlights: Income tax changes, new sectoral policies

Hindustan Times  

Jan 29, 2025 1:45 PM IST Budget 2025 expectations LIVE: Sandeep Agarwal, India MD & Global CTO of Visionet said, “At Visionet, we believe that the Union budget for 2025-26 has to be oriented more towards the urban infrastructure and metro programs since these will be critical to the development of smart cities, facilitating connectivity and improving urban transport. At the same time, in case the ministry of finance sets aside resources for industry-academia research partnerships, that will enable game-changing developments across various fields such as medicine, education and production, thus placing India among the leaders in the global technology ecosystem. In addition, as an AI-driven company, we share confidence regarding the government’s initiatives aimed at AI-first leadership since those comprise support provision for Centers of Excellence, access to data, and AI upskilling programs. While India continues to roll out new technology programs such as the Green Credit scheme, we are looking for more resources and tax breaks that would encourage tech firms to go green.

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India likely to remove 6% Google tax from April 1, tech giants to benefit
3 days ago

India likely to remove 6% Google tax from April 1, tech giants to benefit

India Today  

India is likely to remove the 6% equalisation levy, often called the "Google tax," on online advertising services provided by foreign tech companies like Google and Meta. The Equalisation Levy was introduced in 2016 to tax payments made by Indian businesses to foreign companies for digital advertising services. Initially set at 6% for online advertising services, the levy was later …

Unsettling signs emerge for IT investors
1 week, 4 days ago

Unsettling signs emerge for IT investors

Live Mint  

At the start of 2025, the Indian information technology sector was poised to see a reversal of fortunes during the year. Robust US economic growth and interest rate cuts by the US Federal Reserve were seen as likely drivers, giving the sluggish client expenditure in the key banking and healthcare segments an impetus. Secondly, the ambiguity around trade tariffs means …

A Federal Dilemma: How The New Income Tax Bill 2025 Threatens State Revenues And Fiscal Autonomy
1 week, 4 days ago

A Federal Dilemma: How The New Income Tax Bill 2025 Threatens State Revenues And Fiscal Autonomy

Live Law  

The New Income Tax Bill 2025 is regarded as a significant reform intended to streamline tax systems and enhance compliance. This article critically examines how the New Income Tax Bill 2025 jeopardizes fiscal federalism, the growing dependence on non-divisible surcharges and levies, and the potential risks states may soon face with diminishing financial strength and reduced fiscal autonomy. Although the …

Crypto & The Indian Economy: How New Income Tax Bill Marks A Pivotal Moment
2 weeks, 6 days ago

Crypto & The Indian Economy: How New Income Tax Bill Marks A Pivotal Moment

ABP News  

By Vikram Subburaj Digital assets in India have evolved into a complex intersection of technological innovation, regulatory calibration, and fiscal oversight. Recent developments, notably the Union government’s initiative to draft a comprehensive concept paper on crypto and the introduction of the Income Tax Bill, 2025, in the Lok Sabha, signal a pivotal moment in India’s crypto journey. Income Tax Bill, …

US Rejects Global Tax Deal: What’s Next for India’s Fiscal System?
1 month, 1 week ago

US Rejects Global Tax Deal: What’s Next for India’s Fiscal System?

The Quint  

After a series of moves culminating in Donald Trump's Executive Order on 20 January 2025 pronouncing the “Global Tax Deal” to have “no force or effect” in the United States, the country walked out of the international tax agreement brokered by the economic thinktank Organisation of Economic Cooperation and Development for industrialised countries. The deal was meant to ensure that …

Simplify, simplify, simplify: The mantra of India’s Income Tax Bill
1 month, 1 week ago

Simplify, simplify, simplify: The mantra of India’s Income Tax Bill

Live Mint  

In an era that glorifies radical and dramatic change, the quiet power of incremental reform tends to be overlooked. The new Income Tax Bill, 2025, falls into this category. There are some substantive changes to be sure, but the focus of the new Bill is more towards making the law more concise, lucid and easy to understand. However, the introduction …

India’s new income tax bill: It’s more concise and makes for a friendly tax law
1 month, 1 week ago

India’s new income tax bill: It’s more concise and makes for a friendly tax law

Live Mint  

The Income Tax Bill 2025 marks a significant step towards modernizing India’s tax framework, aiming to simplify compliance and enhance efficiency. By streamlining tax provisions, reducing redundancies, and introducing clearer legislative language, the Bill seeks to address long-standing complexities in the tax law. Tax simplifications and rationalization: The Bill introduces several key changes aimed at easing tax compliances and reducing …

India’s Income Tax Bill sets the stage for significant reforms
1 month, 1 week ago

India’s Income Tax Bill sets the stage for significant reforms

Live Mint  

The Income Tax Act of 1961 has undergone innumerable amendments since its inception. We have an outdated Income Tax Act, burdened with obsolete provisions and a cumbersome structure, especially in the context of economic liberalization, which reduced the government’s role in the economy. Given that the Centre has undertaken major reforms in recent years—introducing a new Companies Act, overhauling civil …

New Income Tax Bill 2025 PDF: Here's Quick Access To Official Link, Top Highlights For You
1 month, 2 weeks ago

New Income Tax Bill 2025 PDF: Here's Quick Access To Official Link, Top Highlights For You

ABP News  

New Income Tax Bill: The much-anticipated Income Tax Bill, 2025, was introduced in Parliament today, marking a major effort to streamline the language and structure of the existing Income-tax Act, 1961. New Income Tax Bill PDF Download LINK For keen researchers, the Income Tax Bill, 2025, is available for the public on the official sansad.in website. Here's how you can …

Budget 2025: Paving the way for a digital and inclusive India
1 month, 3 weeks ago

Budget 2025: Paving the way for a digital and inclusive India

New Indian Express  

The Union Budget charts a bold path toward India’s emergence as a global economic powerhouse, prioritising digital infrastructure, innovation, and sustainability as key drivers of growth. Digital infrastructure: The engine of growth India’s digital infrastructure is the primary focus in this year’s budget. The government’s dedication to establishing India as a global center for technological development is demonstrated by the …

Beyond tax cuts, a closer read of the Union Budget
Trending News
1 month, 3 weeks ago

Beyond tax cuts, a closer read of the Union Budget

The Hindu  

The Union Finance Minister, Nirmala Sitharaman’s presentation of the Union Budget on Saturday, February 1, was against the backdrop of pressing macroeconomic challenges — persistently high taxes and unemployment squeezing the middle-income class, subdued private investment, mounting external vulnerabilities that threaten to derail the growth story, and a looming fiscal overhang. While the Finance Minister laid out an ambitious road …

Budget 2025 supports growth but needs stronger focus on innovation: CavinKare CMD
1 month, 3 weeks ago

Budget 2025 supports growth but needs stronger focus on innovation: CavinKare CMD

New Indian Express  

India’s economic landscape is evolving amid global uncertainties, yet the country remains on a strong growth trajectory. The Union Budget 2025 reinforces India’s commitment to inclusive growth, fiscal discipline, and economic competitiveness. The MSME credit guarantee limit has doubled to Rs 10 crore, while microcredit card limits of Rs 5 lakh will enhance liquidity and boost consumption. Agriculture and food …

Union Budget 2025: Accelerating Digital India Through Innovation
1 month, 3 weeks ago

Union Budget 2025: Accelerating Digital India Through Innovation

The Hindu  

India stands at a defining moment, where AI-driven innovation, digital infrastructure, and a future-ready workforce will determine its global leadership in the digital economy. The Union Budget 2025 is more than a fiscal plan — it is a bold blueprint for a stronger Digital India, prioritising technology-led development, AI-driven modernisation, and inclusive economic growth. Finally, India’s sustainability ambitions take centre …

Budget 2025 technology announcements: From AI to TVs, phones, deep-tech startups, GCCs and telecom, six key takeaways
1 month, 3 weeks ago

Budget 2025 technology announcements: From AI to TVs, phones, deep-tech startups, GCCs and telecom, six key takeaways

Live Mint  

New Delhi: The Union Budget 2025 laid out a host of key pointers to make India’s technology economy self-reliant. From increasing basic customs duty on flat panel displays to boost domestic manufacturing, to a new centre of excellence on artificial intelligence in education and a ‘fund of funds’ for deep-tech startups, finance minister Nirmala Sitharaman introduced a number of measures …

Budget 2025: Significant Tax Cuts and Reforms to Empower Middle Class and Boost Economy | ABP NEWS
1 month, 3 weeks ago

Budget 2025: Significant Tax Cuts and Reforms to Empower Middle Class and Boost Economy | ABP NEWS

ABP News  

The recent Indian Union Budget presented by Finance Minister Nirmala Sitharaman brings significant tax relief to the middle class. For those earning between ₹12 lakh and ₹16 lakh, the tax rate will be 15%, and it increases incrementally for higher income brackets, with a maximum of 30% for incomes above ₹24 lakh. Key announcements include opening the atomic energy sector …

Budget 2025: Will startups get tax breaks, financial and innovation boost?
1 month, 3 weeks ago

Budget 2025: Will startups get tax breaks, financial and innovation boost?

India Today  

Indian startups have high hopes from Budget 2025 as they expect polices and measures that boost innovation and offer greater financial support, that are a key to their growth and expansion. By allocating or repurposing additional funds to co-finance proof-of-concepts that hold strategic interest for enterprises, in collaboration with public and private markets, can drive increased adoption of sustainable and …

Union Budget 2025: Could tax incentives drive a surge in EV manufacturing?
1 month, 3 weeks ago

Union Budget 2025: Could tax incentives drive a surge in EV manufacturing?

Firstpost  

India’s electric vehicle sector has witnessed remarkable growth over the past few years, driven by strong government policies such as FAME, EPMS, PLI, and the PM eDrive Scheme. However, for India to move from 9% to 50% or more penetration and push domestic manufacturing, Budget 2025 must introduce stronger tax incentives and policy measures to address key industry challenges. Strengthening …

What's on the cards in Budget 2025: Income tax relief, farmer credit, insurance push
1 month, 3 weeks ago

What's on the cards in Budget 2025: Income tax relief, farmer credit, insurance push

Live Mint  

The Budget 2025, set to be presented on Saturday, will be keenly watched. Union Finance Minister Nirmala Sitharaman may announce income tax relief, take steps to enhance insurance coverage, and offer credit support to farmers, among other measures. Steady spending Even as the government has struggled to maintain the pace of capital expenditure in the current fiscal year, the Budget …

India's budget will seek to propel $3.7 tn economy with AI and tech investments
1 month, 4 weeks ago

India's budget will seek to propel $3.7 tn economy with AI and tech investments

Live Mint  

As India seeks to consolidate its $3.7 trillion economy, drive sustainable growth across sectors, accelerate its digital transformation and become an artificial intelligence -first economy, finance minister Nirmala Sitharaman is expected to provide in the upcoming budget strategic policies that will drive innovation, strengthen local manufacturing, and equip the workforce for emerging opportunities. The hope is that by investing in …

Budget 2025: Tax relief, AI, and growth focus
1 month, 3 weeks ago

Budget 2025: Tax relief, AI, and growth focus

Deccan Chronicle  

New Delhi: As everyone's eyes on the upcoming budget to be presented by finance Minister Nirmala Sitharaman on February 1, hopes from all sections of society run high on government's allocation for the next fiscal and projection of economic survey a day before the budget as well. In order to boost consumption demand, more money in the hands of the …

Trump's H-1B Visa Policy: Can Budget 2025 shield its impact on Indian tax collections
1 month, 4 weeks ago

Trump's H-1B Visa Policy: Can Budget 2025 shield its impact on Indian tax collections

New Indian Express  

As Donald Trump returns to the White House, the business world holds its breath - Trump 2.0's take on the H-1B visa program has the potential to reshape the economic landscape, both in the U.S. and India. Impact on Indian IT Sector Revenues India’s IT sector, a key driver of the nation’s economic growth, is heavily reliant on the ability …

Income tax payers in India have good reason to feel neglected
1 month, 3 weeks ago

Income tax payers in India have good reason to feel neglected

Live Mint  

As the countdown to Union budget 2025-26 enters its final phase, it is about time individual taxpayers got a look-in from finance minister Nirmala Sitharaman. In its effort to shift individual taxpayers to its exemption-free regime of personal income tax, the Centre must be commended for dangling carrots but sparing the stick. Likewise, in the case of tax on accrued …

Budget 2025: Innovation push, tax sops —here’s what fintech players expect from FM Sitharaman on February 1
2 months ago

Budget 2025: Innovation push, tax sops —here’s what fintech players expect from FM Sitharaman on February 1

Live Mint  

Unless you are living under a rock, you would be aware that Union Finance Minister Nirmala Sitharaman will announce Budget 2025 on February 1. These thousands of young Indian businesses hold great growth potential but need timely and accessible capital infusion,” said Sankarsh Chanda, Founder and CEO of Savart, a firm that provides investment advisory services. “We hope the Budget …

Budget 2025 And Stock Market: How The Changes Will Impact Long-Term Investments Across Sectors?
2 months ago

Budget 2025 And Stock Market: How The Changes Will Impact Long-Term Investments Across Sectors?

ABP News  

By Achin Goel Indian stock market outlook will be determined by the interplay of domestic fiscal policies as well as the Budget 2025 and international trade dynamics, particularly in light of the recent inauguration of Donald Trump as the US President. As India approaches the Union Budget 2025, set to be unveiled on February 1, expectations are high regarding potential …

Budget 2025: Can tax reliefs be the game-changer for GDP?
2 months ago

Budget 2025: Can tax reliefs be the game-changer for GDP?

India Today  

India's economy is showing signs of slowing down, with the GDP growth rate projected to fall to 6.4% in FY25 from 8.2% in FY24, according to the National Statistics Office. TAX RELIEFS AND THEIR IMPORTANCE Experts believe that providing tax relief could play a key role in reviving demand and boosting GDP. Subho Moulik, Founder and CEO of Appreciate, highlighted …

Budget 2025: Global economic shifts make tax cuts unlikely, but reforms must continue
2 months ago

Budget 2025: Global economic shifts make tax cuts unlikely, but reforms must continue

Live Mint  

As the world economy continues to work through the challenges of weak growth, likely inflation and political actions shifting economic relations, there is continued interest in whether tax policy can make a difference. Yet, the growth in goods and services tax collections is robust and personal income taxes have grown faster than corporate tax collections. However, US president Donald Trump’s …

Budget 2025: From Capital Reforms To Tax Policies, Key Announcements Investors Should Watch For
2 months ago

Budget 2025: From Capital Reforms To Tax Policies, Key Announcements Investors Should Watch For

ABP News  

By Mahek Tomer Budget 2025: Numerous investors are eyeing the much-anticipated Union Budget 2025 as it will encompass the priorities and key economic strategies recognised by the Government of India. In effect, the Budget will serve as a roadmap for the country’s economic direction, outlining fiscal policies, tax regulations and sector-centric reforms that will shape businesses and investment climate across …

The reform of tax policy has a big role in India’s Viksit Bharat journey
2 months ago

The reform of tax policy has a big role in India’s Viksit Bharat journey

Live Mint  

As we embark on our journey to achieve the vision of ‘Viksit Bharat by 2047,’ there is little doubt that tax policy will play a key role in realizing it. A developed India must have well-drafted and comprehensive tax laws, a taxpayer-friendly yet robust tax administration, a strong culture of compliance among taxpayers and effective dispute prevention and resolution mechanisms. …

Strengthening India’s position through strategic reforms in indirect taxes
2 months ago

Strengthening India’s position through strategic reforms in indirect taxes

New Indian Express  

As we stride toward the vision of a ‘Viksit Bharat,’ nine strategic priorities outlined in Budget 2024, ranging from agriculture, skilling, and manufacturing to next-generation reforms, offer a roadmap for inclusive and sustainable growth. Simplified customs processes, rationalised GST structures, and sector-specific tax incentives could amplify the impact of existing initiatives, positioning India as a global economic powerhouse. Addressing these …

Pre-Budget 2025: AVGC Sector set to grow at over 16%, says StockGro expert Priyank Sharma
2 months ago

Pre-Budget 2025: AVGC Sector set to grow at over 16%, says StockGro expert Priyank Sharma

Live Mint  

The establishment of the AVGC promotion task force in the Budget 2022 has fueled the industry with new reforms to self-reliantly cater to the growing demand. The blog discusses StockGro expert Priyank Sharma’s opinions on how “The AVGC sector in India is set for significant growth, supported by the expansion of broadband connectivity in Tier-II and Tier-III cities.” He is …

Budget 2025 Expectations: From GST Compliance To Focus On AI And Cybersecurity, Here’s What The Tech Industry Wants
2 months ago

Budget 2025 Expectations: From GST Compliance To Focus On AI And Cybersecurity, Here’s What The Tech Industry Wants

ABP News  

By Varun Parvathaneni India's technology sector, valued at $227 billion, is set to play a pivotal role in shaping the nation's future. Boosting Research And Development One of the foremost concerns for the tech industry is India's relatively low investment in research and development, which currently stands at less than 1 per cent of GDP, significantly below the global average …

Budget 2025 | Tax breaks to spur spending, boost economy?
2 months, 1 week ago

Budget 2025 | Tax breaks to spur spending, boost economy?

Live Mint  

New Delhi: Finance minister Nirmala Sitharaman is likely to offer income tax breaks for individuals in the Union budget for FY26 as part of efforts to boost household spending and stimulate economic growth, two persons informed about discussions in the government said. While the exact changes to the new personal income tax regime will be finalized over the next few …

Budget 2025: Big relief for taxpayers? Government likely to introduce new Income Tax Bill, say sources
2 months, 1 week ago

Budget 2025: Big relief for taxpayers? Government likely to introduce new Income Tax Bill, say sources

India TV News  

The government will introduce a new income tax bill in the upcoming Parliament budget in a major move to simplify India’s tax system, it was quoted as saying by news agency PTI. Finance Minister Nirmala Sitharaman had announced a comprehensive review of the Income Tax Act in her July 2024 budget speech and promised to revamp the law in six …

Union Budget 2025: Why tax breaks are crucial for India's space aspirations
2 months, 1 week ago

Union Budget 2025: Why tax breaks are crucial for India's space aspirations

Firstpost  

Fiscal incentives and GST reforms in the upcoming budget may pave the way for India’s space industry to attain newer heights India’s space sector is undergoing a remarkable transformation, propelled by progressive government policies and the burgeoning involvement of private enterprises. As the country approaches Budget 2025-26, one critical area the Government should focus on is in establishing a robust …

Crypto tax cuts in Budget 2025? Indian industry hopes for relief from FM Nirmala Sitharaman
2 months, 1 week ago

Crypto tax cuts in Budget 2025? Indian industry hopes for relief from FM Nirmala Sitharaman

Live Mint  

As the Union Budget 2025 approaches, the cryptocurrency industry in India anticipates a more favourable tax and regulatory environment. Crypto sector seeks income tax reforms ahead of Union Budget 2025 "The 1% TDS on crypto transactions led many investors and traders to turn towards foreign exchanges, making it harder for the government to track activity. A reduction of TDS down …

Budget 2025 Expectations: Simplification & Rationalisation In Tax Reforms Is The Need Of Hour
2 months, 2 weeks ago

Budget 2025 Expectations: Simplification & Rationalisation In Tax Reforms Is The Need Of Hour

ABP News  

By Mukesh Pandey Budget 2025: As the Union Budget approaches, stakeholders of all types, and particularly businesses, await with bated breath to learn how the Government intends to meet the urgent demands of India’s changing economy. In tax reform and regulatory relief, there are high expectations since these can deliver significant benefits in terms of growth, compliance, and ease of …

Five problems to resolve in Budget 2025
2 months, 2 weeks ago

Five problems to resolve in Budget 2025

New Indian Express  

Monetise ‘solar’ highways: India’s growth story is fuelled largely by government spending on infrastructure. The road transport ministry could direct the National Highways Authority to map the potential, initiate pilot projects by National Thermal Power Corporation and offer the ready-to-plug-and-play spaces for bids from public and private investors. The solar highways will present an option for green data centres, automobile …

Budget 2025 Expectations For Automobile Sector: Reduction In GST For Hybrids, Removing Domestic Production Bottlenecks, More
2 months, 2 weeks ago

Budget 2025 Expectations For Automobile Sector: Reduction In GST For Hybrids, Removing Domestic Production Bottlenecks, More

ABP News  

Budget 2025: India's automobile industry, the world’s third-largest market, is at a turning point, driven by shifting consumer preferences, sustainability goals, and evolving government policies. As per Rajeev Singh, Partner and Consumer Industry Leader, Deloitte, certain measures such as simplification of GST classes and boosting domestic manufacturing are some of the most urgent expectations that players in the automobile sector …

Govt may simplify income tax filing rules in Budget 2025: Report
2 months, 2 weeks ago

Govt may simplify income tax filing rules in Budget 2025: Report

Hindustan Times  

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 to more than $120 billion over the past decade. Tax disputes have more than doubled to 10.5 trillion rupees in the decade through the fiscal year ended March 2023. …

Budget 2025: Easier ITR filing and tax dispute reduction expected, says report
2 months, 2 weeks ago

Budget 2025: Easier ITR filing and tax dispute reduction expected, says report

India Today  

The upcoming Union Budget 2025-26 is poised to introduce significant changes to India's tax landscape, aiming to simplify income tax filing and address longstanding tax disputes. According to a Bloomberg report, Finance Minister Nirmala Sitharaman is expected to unveil a comprehensive overhaul of the Income Tax Act, 1961, a move that has been in the works for several months. KEY …

Budget 2025: 5 key announcements India is waiting for
2 months, 3 weeks ago

Budget 2025: 5 key announcements India is waiting for

India Today  

As the Union Budget 2025 approaches, anticipation is building across India. Industry experts believe that lowering these duties could alleviate inflationary pressures, increase disposable income, and improve consumption, particularly in lower-income households. By stimulating growth in these sectors, the government could generate jobs, boost domestic production, and position India as a stronger player in global markets. Proposals include increasing daily …

Budget 2025: 5 reforms that could make new tax regime a better deal for you
Trending News
2 months, 3 weeks ago

Budget 2025: 5 reforms that could make new tax regime a better deal for you

India Today  

Finance Minister Nirmala Sitharaman is expected to present the Union Budget 2025 on February 1, 2025. The new tax regime is expected to take centre stage in the budget, with reforms designed to make it a more attractive alternative to the traditional tax structure. POSSIBLE REFORMS IN THE NEW TAX REGIME The upcoming budget could include several changes to the …

Budget 2025: Will Nirmala Sitharaman address TDS-TCS challenges?
2 months, 3 weeks ago

Budget 2025: Will Nirmala Sitharaman address TDS-TCS challenges?

India Today  

As the Union Budget 2025-26 draws near, discussions intensify on simplifying India’s tax system. Industry bodies, including the Federation of Indian Chambers of Commerce and Industry, have shared their recommendations with Finance Minister Nirmala Sitharaman, advocating tax reforms to boost the ease of doing business and reduce complexity. SIMPLIFYING TDS-TCS RATES FICCI has proposed reducing the numerous TDS/TCS rates to …

Can you expect major income tax changes in Budget 2025? Check details
4 months, 2 weeks ago

Can you expect major income tax changes in Budget 2025? Check details

India Today  

The Union Budget 2025-26 is set to usher in a new era of tax simplification in India, with the Finance Ministry working on comprehensive reforms to streamline the income tax system. The proposed reforms focus on three key areas: simplifying tax structures, expanding the tax base, and balancing revenue generation with taxpayer relief. SIMPLER TAX FILING Building on the success …

Budget 2024: The government’s focus is on ease of paying taxes
8 months ago

Budget 2024: The government’s focus is on ease of paying taxes

The Hindu  

While providing primacy to growth with inclusion, the Budget attempts to infuse a new momentum to the economy and strengthen India’s resilient ecosystem so that the country emerges as a growth engine of the world. The proposals to expand the scope of safe harbour rules, streamline transfer pricing assessment procedure, and reduce the corporate tax rate on foreign companies from …

Major reforms expected by key sectors in Budget 2024, will it deliver?
8 months ago

Major reforms expected by key sectors in Budget 2024, will it deliver?

New Indian Express  

With the first Union Budget after the Lok Sabha elections all set to be unveiled, there are great expectations regarding major policy and tax reforms. These expectations include: A new subsidy scheme similar to FAME II with a more comprehensive coverage; Streamlining policies towards R&D efforts in battery technology and grid integration for development of a widespread and reliable charging …

Budget 2024 Expectations: Will Nirmala Sitharaman announce tax relief?
8 months, 1 week ago

Budget 2024 Expectations: Will Nirmala Sitharaman announce tax relief?

Hindustan Times  

July 19, 2024 11:59 AM IST Budget 2024 Expectations Live Updates: Rajat Agrawal - CEO - Barista Coffee, said, “The Indian retail sector stands at a critical juncture, seeking support from the Govt on various counts which renews consumer confidence. Tax Cuts: Planned Reduction in individual income tax rates, especially for middle-income earners, could boost disposable incomes and drive spending. …

India's 2024 Budget: A push for tax reform
8 months, 1 week ago

India's 2024 Budget: A push for tax reform

India Today  

The 2024 Budget, scheduled for July 23, may see tweaks to key tax policies to boost government revenue — bold steps to tackle tax evasion and improve tax compliance. 1980: For every Rs 100 collected, Rs 11 came from income tax, Rs 12 from corporate tax, Rs 1 from other direct taxes, and Rs 76 from other indirect taxes. 2000: …

Budget 2024: Will mobile phones become cheaper in India? | Here's what we know
8 months, 1 week ago

Budget 2024: Will mobile phones become cheaper in India? | Here's what we know

India TV News  

Budget 2024: There are high expectations regarding a potential reduction in the price of mobile phones in the upcoming budget. Last year, the central government reduced import taxes on key components, such as camera lenses, to promote mobile phone manufacturing in India. Govt likely to re-implement PLI scheme According to the report, the new NDA government is expected to re-implement …

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