New Tax Regime To Benefit Middle Class, Says Finance Minister
The minister said the new regime will leave more money in the hands of middle classNew Delhi: Finance Minister Nirmala Sitharaman today said the new tax regime will benefit the…
New Tax Regime Will Leave Higher Disposable Income: Nirmala Sitharaman
She said government’s efforts to recover the economy have been through the capital expenditure route.New Delhi: Union Finance Minister Nirmala Sitharaman on Friday said the new tax regime will leave…
On Government Slashing Rural Jobs (NREGA) Funds, Top Officer Explains
It is also the second straight budget cut for the scheme.New Delhi: In Budget 2023, one of the biggest moves by the government was to slash the allocation for the…
Two-Thirds Taxpayers May Shift To New Regime In 2023-24: Tax Body
The government has announced five slabs in the new income tax regime.New Delhi: Central Board of Direct Taxes (CBDT) chairman Nitin Gupta has said that he expects at least 50-66…
Customs duty changes in Budget will promote Make in India initiative: GTRI
Import duty was hiked on a number of goods including silver bars, styrene, and vinyl chloride. (File)New Delhi: Customs duty changes for several products such as precious metals, small cars,…
Here’s How Budget’s 16% Duty Hike On Cigarettes Will Impact Prices
The profitability will be less than one per cent. (Representational)New Delhi: The duty hike on cigarettes by 16 per cent announced in the Union Budget 2023-24 would have a nominal…
Explained: The Benefits Of Selecting The New Tax Regime
The existing slabs in the new tax regime are in blocks of Rs 2.5 lakh each.(File)The Union Budget 2023 has provided a boost to the new income tax regime by…
India’s Gender Budget Up By Over 30% This Year
There was a 0.63 per cent rise in the share of Gender Budget in total expenditure.New Delhi: India’s Gender Budget, which aims to reduce the gender gap, was allocated ₹2.23…
India Will Become World’s Third Largest Economy By 2027-28: Ex NITI Aayog Chairman Arvind Panagariya
India should get back to 7% plus kind of growth rate, Arvind Panagariya said. (File)New York: Eminent economist Arvind Panagariya has said India is on the cusp of returning to…
Defence Budget Hiked 13% To Rs 5.94 Lakh Crore Amid Tensions With China
Nirmala Sitharaman said Rs 2.77 trillion would be devoted to military salaries (Representational)New Delhi: India proposed on Wednesday Rs 5.94 trillion ($72.6 billion) in defence spending for the 2023-24 financial…