Sitharaman had announced an income tax reform, allowing zero income tax for those earning up to ₹12 lakh. The RBI then ...

Finance Minister Nirmala Sitharaman discusses how recent fiscal and monetary measures will boost consumption and private ...

Finance Minister Nirmala Sitharaman said both the government and the Reserve Bank of India will continue to work in a ...

Finance Minister Nirmala Sitharaman to introduce new income tax bill, replacing old I-T Act, after Cabinet approval.

The bill will again go to the Cabinet after the parliamentary committee gives its recommendations on it. After Cabinet ...

The Finance Minister had first announced a comprehensive review of the Income-Tax Act, 1961 in the July 2024 Budget.

The new bill received approval from the Union Cabinet, chaired by PM Modi, on Friday. After introduction in the Upper House, ...

Finance Minister expects consumption recovery, while RBI Governor monitors rupee depreciation impact on inflation and ...

After introduction in the Upper House, the bill will be sent to a parliamentary standing committee for scrutiny.

Income tax relief coupled with RBI repo rate cut put together will boost recovery in consumption in the economy, says FM Sitharaman.