Summary: The Finance Bill 2025 presents significant updates in both direct and indirect taxes aimed at improving business ease, reducing litigation, and widening the tax base. Direct tax proposals ...

Federal agencies are sending out sample contract agreements to their employees in what appears to be an effort to alleviate ...

FM announces CoE in AI for education with total outlay of INR 500 cr; CoE for Agriculture, Health and Sustainable Cities were announced in 2023.

The Union Budget 2025 introduces several new schemes and missions aimed at fostering development under four key pillars: Garib (Poor), Youth, Annadata (Farmers), and Nari (Women). These ...

Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...