Sitharaman said the government will initiate reforms in sectors like finance, power, urban development and mining, with “transformative reforms in taxation.” ...
RVNL, Bharat Dynamics, Hitachi Energy India, Siemens, ABB India, Titagarh Rail Systems, CG Power and Industrial Solutions, Bharat Electronics and L&T down in the range of 5 per cent to 10 per cent.
This significant revision, part of the government’s effort to ease the tax burden on salaried individuals, marks a sharp increase from the previous tax-free threshold of Rs 7 lakh.
Zahid noted several countries that faced setbacks during the graduation process were granted an extended preparatory period before graduation. Bangladesh has already availed of a two-year extension ...
Finance Minister Nirmala Sitharaman announced that no income tax will be due for those with annual income up to Rs 12 lakh, among other changes in the tax slab.