Taxes and borrowings make up the majority of the revenue while a significant portion of the expenditure is allocated to ...

During the Mughal era, budgets were prepared by gathering information about land and its production to determine taxes, and ...

Budget 2025: Borrowings and Liabilities contribute the most to the budget’s revenue, making up 24% of the total. This is a slight drop from 27% last year. Income Tax ranks second, accounting for 22% ...

Here, we examine the key sources of revenue and the allocation of funds in the Union Budget presented by Finance Minister Nirmala Sitharaman this year.

There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.

India’s Union Budget 2025-26 revealed a significant reliance on borrowings, accounting for 24 per cent of the government’s ...

Almost all finance ministers of India have faced the challenge of widening the country's tax net. While the debate over how few people pay income tax ... in additional revenue, there is a limit ...

India cut taxes for the country’s middle class, putting about $12 billion more in their pockets as the Narendra Modi-led ...

For the initial few years there was not much uptake of the new income ... efficient tax regime is crucial for economic growth, streamlined compliance, and enhanced government revenue, ultimately ...