Section 17 of the Income-tax Act defines perquisites, including benefits provided by employers to employees. Currently, employee benefits such as free or concessional amenities are exempt from ...

In order to position India as the global hub for Electronics System Design and Manufacturing, a comprehensive program for the development of semiconductors and display manufacturing ecosystem in India ...

The transfers include grants in aid of Rs 968.01 crore under the revenue head and Rs 380 crore as loans and advances under the capital head, which deals with capital or infrastructural expenditure or ...

India's Finance Minister Nirmala Sitharaman unveiled the annual budget on Saturday, which focused on boosting the spending ...

Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and ...

The Modi government has presented a total of 13 budgets since 2014. These 13 budgets also include two interim budgets presented in the election year during the first and second terms. In the first ...

The government is trying to boost domestic demand among its vast middle class as food inflation dents disposable income.

The government cut taxes for middle-class Indians to boost domestic consumption as US President Donald Trump’s tariffs loom.

On February 1, 2025, Finance Minister Nirmala Sitharaman is scheduled to deliver her eighth consecutive Union Budget. Under ...

The Narendra Modi 3.0 administration is set to present its second Union Budget this week. All eyes will be on Finance ...

Moore talked about his proposed 2026 budget, how the state plans to trim its $2.7 billion deficit, and major tax cuts during a one-on-one interview with WJZ's Tara Lynch. Under his proposed tax ...