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

Personal income tax (PIT) has become a significant source of tax revenue in India, contributing 31% to the centre's gross tax ...

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% ...

The importance of local governments and municipal bodies particularly in developing economies is increasingly being recognized with rising aspirations of citizens. The nature of social and economic ...

Major Tax Relief for Middle-Class Taxpayers in Union Budget 2025 The Indian government is preparing to announce significant ...

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 ...

Finance Minister Nirmala Sitharaman announced new tax slabs in the new tax regime 2025, so there will be no income tax for those drawing ₹12 lakh and less ...

The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...

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

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

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