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 ...

The year's top economic-policy event opted mainly for short-term relief through middle-class tax cuts while passing up a ...

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 ...

This comes after the government said that people earning up to 1.28 million rupees ($14,800) per year will not have to pay ...

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 ...

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

The IMD predicts moderate fog for two days and rain on February 3 in Delhi. Temperatures are expected to range from 8°C to ...