The new law aims to replace the long-standing Income Tax Act, 1961, with clearer language, simpler rules, and easier compliance ...

The government’s budget is divided into two main parts: the Revenue Budget and the Capital Budget. Each serves a distinct ...

Rather than relying on populist measures, Budget 2026 follows a development-first approach, prioritising capital formation, infrastructure creation, national security, rural stability, and economic ...

This edition of ExplainSpeaking examines India’s Budget data and allocations to several key ministries — and their relative ...

Union Finance Minister Nirmala Sitharaman is all set to present the Budget for the financial year 2026-2027 in the parliament on Sunday, February 1. With major expectations from taxpayers and ...

Disability pensions for armed forces personnel have been fully exempt from income tax since 1922. The Budget, however, proposes to do away with the exemption for a certain category of retired ...