Budget tightens grip on a citizen’s wallet
The government’s 2025 Union Budget promises growth, innovation, and self-reliance.
The government’s 2025 Union Budget promises growth, innovation, and self-reliance.
Union Finance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax (GST) has significantly reduced over the years since its implementation.
As Delhi votes today, the big question is whether the income tax relief announced in the Union Budget will have a meaningful impact on the electoral outcome.
What are we going to get in this budget? People want straight and simple answers. It is not difficult to make a close-to-accurate guess if one first addresses some key questions.
Large sodas, alcohol, and tobacco are just a few things governments around the world want to keep us away from.
In this connection, Modi noted that states like Karnataka and Gujarat undertook tax reduction for the welfare of the people despite revenue loss while their neighbouring states earned revenue by not reducing the tax.
The decision would force customers to bear an additional five-eight per cent of expenses on the overall tax payment amid a power crisis surging demand for inverter system.
Finance minister also announced the implementation of an urban wage employment scheme, on a pilot basis, to provide gainful employment to urban poor
Trump paid no income taxes at all in 10 of the previous 15 years - largely because he reported losing much more money than he made, the report said.
Currently, two-wheelers costing upto Rs 1.5 lakh are taxed at 9 per cent of the vehicle cost, while those between Rs 1.5 lakh to Rs 3 lakh at 12 per cent. The vehicles costing more than Rs 3 lakh attract 15 per cent tax, as per the data.
