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Individuals in India pay various taxes that range from income tax to capital gains tax, Goods and Services Tax (GST), and ...
having provided substantial relief in personal income tax and customs tariff rationalisation in the Union Budget 2025, is now expected to initiate efforts to streamline the goods and services tax ...
Several key changes have been introduced in the Goods and Services Tax (GST ... These include revised income tax slabs, a unified pension scheme and new UPI deactivation rules, among others.
She added that the tax base of Goods and Services Tax (GST ... manufacturing companies • No tax liability for taxpayers with income up to Rs 7 lakh under the new tax regime For breaking news ...
In India, whether you earn or purchase goods or services ... Income tax is imposed on income earned in a financial year. The tax is paid according to the IT department’s income tax slabs.
The major indirect tax component — Goods and Services tax — is expected ... government in September 2019. For income tax payers, the ‘nil tax’ slab was increased to Rs 2.5 lakh in 2014 ...
Finance Minister Nirmala Sitharaman is set to present the Union Budget on February 1, 2025, with the salaried class eagerly anticipating potential adjustments to income tax slabs and rebates that ...
The Narendra Modi government plans to streamline the GST framework after making significant changes to personal income tax and customs tariffs. The initiative aims to restructure the GST slabs for ...