Nirmala Sitharaman on Feb. 1. India’s finance minister gave middle class consumers 1 trillion rupees ($11.5 billion) in tax relief in her budget Saturday, seeking to shore up a slowing economy ...

The new tax regime requires no such documentation, allowing only two specific deductions. The Income Tax Act, 1961's old tax regime provides various tax exemptions and deductions. (AI image ...

Income tax slab for AY 2025-26::Money experts say that depending on your situation, the old tax regime could be more advantageous if you take advantage of many deductions and exemptions.( ...

In the financial year 2023-24, the new tax regime became the default regime. This regime's tax rates are lower than those of the old regime, but it phases out most of the exemptions and deductions.

Devajit Saikia’s and Prabhtej Singh Bhatia’s uncontested election as the secretary and treasurer, respectively, of the Board of Control for Cricket in India (BCCI) was formalised during the ...

and limited opportunities for early hearings with faceless Commissioners of Income Tax. These inefficiencies lead to protracted litigation and significant amounts of tax revenue being locked in ...

On the other hand, Prabhtej Singh Bhatia was elected as the Treasurer of the Indian Cricket Board. BCCI Vice President Rajeev Shukla confirmed both appointments after the General Board Meeting.

Commissioners' pay has remained the same since 2016, but that year they voted to not to take benefits and accept a $12,000 annual salary — it just never stuck. An ...

“I’m told we’ve got upwards of 10 people from out of the division that have been in contact with my team here, and we’re scheduling deployments as we speak,” said Assistant Commissioner ...

A government convoy carrying negotiators for a ceasefire between two rival tribes in Upper Kurram has come under gunfire, that left the locality's Assistant Commissioner Saeed Manan, injured.