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INDIA BUDGET TAX ANNOUNCEMENTS
Fall in global crude prices brightens fiscal outlook, El Nino risks lingerEasing West Asian tensions have significantly improved India's fiscal outlook, with economists now predicting a smaller deficit than previo...
Centre scraps TDS on aircraft lease rentals at IFSCsA significant tax relief has been granted to airlines, with India now exempting tax deducted at source (TDS) on aircraft lease rentals paid...
Container manufacturing scheme aims for 10x rise in domestic capacity: Sarbananda SonowalIndia has successfully manufactured its first export-import shipping container for global giant A.P. Moller-Maersk, marking a significant s...
Hiring in India in 2026: How Employer of Record services simplify complianceIndia's burgeoning talent pool, now the third-largest globally, presents a strategic hiring challenge. With over two million professionals ...
Can you get an Income Tax notice despite TDS deductions? Here's exactly why it happens and what you can do next
Govt fast-tracks disinvestment process to shore up revenues, garners 31% of budget aim in Q1 FY27The government is accelerating its disinvestment and asset monetisation drive, achieving 31% of its full-year target in just the first quar...
- ITR filing 2026: 7 smart ways salaried employees can reduce tax under the new income tax regime
Finance Bill passed 'hurriedly' to give tax benefits to liquor cos: Kerala LoP VijayanLeader of Opposition Pinarayi Vijayan accused the UDF government of hastily passing the Finance Bill to benefit liquor companies through ta...
Bloomberg global index entry in sight for Indian G-SecsIndian government bonds are on the cusp of inclusion in Bloomberg's Global Aggregate Index, with a decision anticipated mid-July. Tax exemp...
The income your tax return doesn't need to include; 8+ types of tax-free income in India
New rules from July 1, 2026: Aadhaar update, passport fees, LPG prices, credit cards, railways and other major changes explainedSeveral important financial and regulatory changes have come into effect from July 1, 2026, impacting taxpayers, Aadhaar holders, passport ...
India cuts windfall tax on diesel, raises petrol tax from JulyIndia has adjusted its windfall taxes on fuel exports, slashing duties on diesel and aviation fuel while increasing the tax on petrol expor...
India's April-May fiscal deficit at ₹1.62 lakh crore, widens on-year to 9.6% of FY27 aimIndia's fiscal deficit stood at ₹1.62 lakh crore during April-May, accounting for 9.6% of the full-year budget estimate, according to gover...
India's chip dreams get a Rs 1.25 lakh crore push with Semiconductor Mission 2.0India is significantly boosting its semiconductor ambitions with a Rs 1.25 lakh crore allocation for India Semiconductor Mission 2.0, a sub...
India's higher nominal GDP growth may help contain fiscal pressures despite global risks: EYIndia's fiscal deficit is expected to remain under control in FY27, thanks to robust nominal GDP growth driven by higher inflation, accordi...
West Bengal FY27 Budget: SBI report hints shift to investment-led growth and economic transformationWest Bengal's FY27 budget signals a strong pivot towards investment-led growth, emphasizing industrialization and long-term economic transf...
Bengal budget 2026: Rs 3,000 monthly dole for unemployed youth, Kalyani airport and new sports university announcedWest Bengal's new budget introduces 'Bhorsha Kormosuchi,' offering monthly allowances to unemployed youth. Uneducated individuals aged 21-4...