The announcement to increase the threshold of MSME turnover criteria from Rs 250 crore to Rs 500 crore has raised concerns ...

The largest federal government employee union is suing the Trump administration to block its buyouts for workers, calling the ...

In Budget 2025, reporting entities such as banks and crypto exchanges are now required to regularly report information on ...

Union Budget 2025 catered to the middle class after much backlash over the year. Presented on February 1, 2025, the finance minister announced a big tax relief for professionals. Discussing the merits ...

Budget, FM Sitharaman declares that no income tax would be payable up to annual income of Rs 12 lakh, announcing that the ...

The Budget 2025 is a liquidity focused, offering significant relief to the middle class while maintaining a strong focus on ...

Vide Finance Act 2022, taxation of virtual digital assets (VDA) has been introduced in the Income-tax Act, 1961 (‘the Act’), under section 115BBH of the Act in which the transfer of VDA is to be taxed ...

G Hari Babu, National President of NAREDCO, said the decision to exempt income up to ₹ 12 lakh from taxation under the new regime is a significant incentive for the middle-income group, making ...

The Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2024-25 in Parliament, today i.e. February 02, 2025. Majorly the changes were earlier ...

The Union Budget introduces various GST law amendments, notably the Track and Trace Mechanism for goods prone to evasion. A ...

The Budget document said, “It is proposed to add the term ‘virtual digital asset' to the said definition of undisclosed income of the block period.” Further tightening the noose, the government has ...

We welcome the Budget 2025-26 for its strategic focus on housing, economic resilience, and tourism-led growth. The Rs 15,000 ...