In real terms, the eighth Union Budget presented by Finance Minister Nirmala Sitharaman is a bonanza for the Indian middle class, but Non-Resident Indians (NRIs) remain disappointed. The Indian ...

Ans. As per new section 44BBD, 25% of the aggregate amount received/ receivable by, or paid/ payable to, the non-resident, on account of provision of services or technology, are deemed as profits and ...

Ans. Yes, under the existing provisions there are sunset dates such as 31.03.2024, 31.03.2025 or 31.03.2026 for various tax incentives provided to IFSC. However, in Finance Bill 2025, sunset dates for ...

The markets somersaulted. India Inc cheered. Opposition benches remained sullen. And for once, the salaried taxpayers had a ...

MUMBAI: The budget has pegged fiscal deficit, which is the quantum of government borrowings, for the next fiscal at 4.4% and ...

The Union Budget for 2025 was presented by Finance Minister Nirmala Sitharaman on Saturday, with a thrust on stimulating economic growth, enhancing the spending power of the middle class, and ...

In her Budget speech, the FM said the investment and turnover limits for classification of all MSMEs will be increased 2.5 and two times respectively.

Anticipating US action on tariffs, India seems to have made the first move by revamping its tariff structure by reducing the slabs to eight rates ...

Highlights: Union Finance Minister Nirmala Sitharaman on Saturday announced significant income tax cuts for the middle class ...

The Teamsters Union said a strike at 56 Costco membership club stores across six states was averted, one day after the ...

Highlights: FM Nirmala Sitharaman's announcement on February 1 brings a gift for the Indian middle class with no tax payable ...

The commerce and finance ministries are working as a team to see which are the sectors that require maximum support in terms of availability of capital, technology upgradation, marketing ...