The new Income Tax Bill leaves the definition of NRIs and residents unchanged, offering clarity but maintaining existing ...

The Centre has set a target of achieving a fiscal deficit of 4.4 per cent of GDP in FY26, down from the revised estimate (RE) ...

India's newly proposed income tax bill could grant tax authorities broad powers to access taxpayers' digital records. This ...

India's new income tax bill proposes sweeping powers for authorities to access taxpayers' emails, trading and social media ...

The draft Income-Tax Bill, 2025 has been circulated among Members of Parliament and is expected to be tabled in Parliament on ...

The proposed income tax bill seeks to simplify and revamp the Income Tax Act of 1961, which has often been criticised for its ...

The Union Budget 2025-26 has proposed to raise the basic exemption limit to INR 4 lakh, up from the previous limit of INR 3 lakh. Similarly, it raised tax slab rates for salaried individuals and ...

NEW DELHI: India’s record tax cuts are expected to give only a limited ... which has risen sharply to about 52% of income now from 35% a decade ago. Any boost to household spending will be ...

Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. India’s record tax cuts are expected to give only a ...

This change empowers federal investigators carrying out a survey at taxpayers’ homes and offices to record a statement under oath that could be used against them in any subsequent proceedings ...

Automakers such as Maruti Suzuki, Hyundai, Honda and Toyota face demands for about $6 billion collectively in disputes on ...