Income Tax Cuts
- All
- News
- Videos
-
India Revamps Tax Regime In 2025, New Act Comes Into Effect From April 1
India overhauled its tax regime in 2025 with sharp cuts in Goods and Services Tax (GST) rates and a higher income tax exemption limit, with the spotlight now turning to customs duty rationalisation and procedural simplification in the coming Budget.
-
After PM Modi's GST Utsav Call, M Kharge's "Band-Aid On Deep Wounds" Jab
Prime Minister Narendra Modi today termed the lowering of Goods and Services Tax (GST) rates as the beginning of "GST Utsav", presenting the reforms as a "double bonanza" to households already benefitting from recent income tax exemptions.
-
Mark Carney's Team Unveils Tax Reliefs. Will It Benefit Indian Living In Canada?
The Canadian government has announced a significant personal income tax cut to ease financial stress on low and middle-class income families.
-
No Tax On Tips, Overtime Or Social Security: Inside Trump's Plan For America
US President Donald Trump on Tuesday said his administration is seeking permanent income tax cuts for all Americans, hit hard by inflation.
-
"Systemic Correction, Not Just Tax Cut": Shark Tank's Anupam Mittal On Budget
People Group and Shaadi.com founder Anupam Mittal praised the Union Budget's provision to not tax salaried individuals earning up to Rs 12.75 lakh, calling it a "systemic correction".
-
"Move To Attract Delhi, Bihar Voters' Attention": P Chidambaram On Tax Cuts
Former Union finance minister, Congress's P Chidambaram, today ripped into the Union Budget 2025, criticising it on multiple heads including the biggest talking point -- the income tax rebate to the middle class
-
FAQs: Government Answers Your Questions On New Income Tax Regime
The government today cut personal income tax rates for some sections of taxpayers in a bid to boost consumption.
-
India Inc Seeks Cut In Personal Income Tax Rates At Pre-Budget Meet
Industry bodies also raised the issue of dumping of excess stock by China globally, including in India, and challenges posed to food security and inflation due to the "climate emergency", during the fifth pre-Budget consultation meeting.
-
Income Tax May Be Reduced For Those Earning Up To Rs 15 Lakh: Report
India is considering cutting income tax for individuals making up to Rs 15 lakh a year in February's budget to provide relief to the middle class and boost consumption as the economy slows, two government sources told Reuters.
-
Japan’s Financial Regulator May Cut Crypto Tax, Encourage Investors to Engage with VDAs
In Japan, crypto-generated earnings are currently taxed between 15 and 55 percent. However, authorities are considering reducing this tax rate to a flat 30 percent for corporate investors and 20 percent for individual investors in FY 2025.
-
India Revamps Tax Regime In 2025, New Act Comes Into Effect From April 1
India overhauled its tax regime in 2025 with sharp cuts in Goods and Services Tax (GST) rates and a higher income tax exemption limit, with the spotlight now turning to customs duty rationalisation and procedural simplification in the coming Budget.
-
After PM Modi's GST Utsav Call, M Kharge's "Band-Aid On Deep Wounds" Jab
Prime Minister Narendra Modi today termed the lowering of Goods and Services Tax (GST) rates as the beginning of "GST Utsav", presenting the reforms as a "double bonanza" to households already benefitting from recent income tax exemptions.
-
Mark Carney's Team Unveils Tax Reliefs. Will It Benefit Indian Living In Canada?
The Canadian government has announced a significant personal income tax cut to ease financial stress on low and middle-class income families.
-
No Tax On Tips, Overtime Or Social Security: Inside Trump's Plan For America
US President Donald Trump on Tuesday said his administration is seeking permanent income tax cuts for all Americans, hit hard by inflation.
-
"Systemic Correction, Not Just Tax Cut": Shark Tank's Anupam Mittal On Budget
People Group and Shaadi.com founder Anupam Mittal praised the Union Budget's provision to not tax salaried individuals earning up to Rs 12.75 lakh, calling it a "systemic correction".
-
"Move To Attract Delhi, Bihar Voters' Attention": P Chidambaram On Tax Cuts
Former Union finance minister, Congress's P Chidambaram, today ripped into the Union Budget 2025, criticising it on multiple heads including the biggest talking point -- the income tax rebate to the middle class
-
FAQs: Government Answers Your Questions On New Income Tax Regime
The government today cut personal income tax rates for some sections of taxpayers in a bid to boost consumption.
-
India Inc Seeks Cut In Personal Income Tax Rates At Pre-Budget Meet
Industry bodies also raised the issue of dumping of excess stock by China globally, including in India, and challenges posed to food security and inflation due to the "climate emergency", during the fifth pre-Budget consultation meeting.
-
Income Tax May Be Reduced For Those Earning Up To Rs 15 Lakh: Report
India is considering cutting income tax for individuals making up to Rs 15 lakh a year in February's budget to provide relief to the middle class and boost consumption as the economy slows, two government sources told Reuters.
-
Japan’s Financial Regulator May Cut Crypto Tax, Encourage Investors to Engage with VDAs
In Japan, crypto-generated earnings are currently taxed between 15 and 55 percent. However, authorities are considering reducing this tax rate to a flat 30 percent for corporate investors and 20 percent for individual investors in FY 2025.
