This is the second full budget of the Modi 3.0 government, which returned to power at the Centre in the 2024 Lok Sabha elections.
Finance Minister Nirmala Sitharaman fully exempts Basic Customs Duty (BCD) on essential materials like cobalt, lithium-ion ...
Finance Minister Nirmala Sitharaman announced zero income tax for up to Rs 12 lakh under the new tax regime. The standard ...
Finance Minister Nirmala Sitharaman may not scrap the old tax regime, but tax sops, if any, are likely to be announced only ...
The government's decision to exempt 36 life-saving drugs for cancer, and chronic diseases from basic customs duty is a ...
As exemption of basic customs duty for 35 additional capital goods for EV battery manufacturing, the space is poised to witness increased adoption driven by reduced production costs. Here are 2 key st ...
Union Finance Minister Nirmala Sitharaman on Saturday announced exemptions on basic customs duty on 36 life-saving drugs and ...
By claiming two deductions, an individual with a gross salary of Rs 13,25,000 can bring their net taxable income down to Rs 12 lakh, making them eligible for the full tax rebate under Section 87A ...
The old tax regime might not be scrapped, but it is unlikely that any tax concessions will be announced under this structure.
For the layperson, the highlight of the Union Budget has always remained on what all have become cheaper and which of them ...
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...
Here is the list of items fully exempted from the Basic Custom Duty. 36 life-saving drugs to be added to the list of ...