Budget Taxes News
Will the new Income Tax Bill give govt access to your encrypted Whatsapp chats?
Finance Bill 2025: FM Sitharaman said the new Income Tax Law did not give legal backing to check digital assets. The government has added checking of digital elements in the Income Tax Act, which should provide legal backing.
2 min read26 Mar 2025Rajrishi Singhal: The budget touches but doesn’t feel and speaks but leaves much unsaid
It missed a chance to level the field for citizens vis-a-vis big businesses—which have contributed little to India’s economic growth despite lighter taxation—even as its personal tax relief may miss the mark
4 min read9 Feb 2025Budget 2025: Citizens Urge FM To Cut Income Tax; Increase Slabs & Slash GST On Daily Groceries
In this special episode of pre-budget series, MINT goes on the ground and talks about taxe burden on the middle class Inflation. How high tax rates, GST on daily households is troubling the middle class & how their expenses have sky rocketed in the last few months. Savings are decreasing every month because of high taxes. How are they dealing with the situation and what can the finance minister do to tackle the crisis in the budget 2025. #budget2025 #inflation #mehengai #groceries #shopping #middleclass #rich #poor #narendramodi #news #nirmalasitharaman #rupee #money #abhinavtrivedi #billionaire #taxcuts #incometax #gst #taxrates #taxslabs #tds #standarddeduction #millionaire #election #share #stockmarket #mint #business #smallbusiness #education #india #incometax #incomegrowth #salary #increment #jobs #unemployment #taxes #taxMintMint
31 Jan 2025India should take cues from Piketty on enlarging its tax mop-up
As old tax sources plateau, we need new avenues of taxation. A progressive luxury tax—say on houses priced over ₹10 crore and business-class air travel—can be explored, even as UPI data trails are tracked to assess tax liability.
4 min read9 Jan 2025Inequality woes: Don’t dismiss Piketty’s advice for India on tax policy
The country has all but embraced the low-tax formula of Reaganomics, but it may now be time to address a crisis of worsening inequality. Thomas Piketty’s arguments deserve a hearing.
4 min read23 Dec 2024When India closed the door on its controversial e-commerce tax, it left a window open
India has scrapped the 2% e-commerce tax but retains the power to tax income from digital services under other tax provisions.This move is seen as a compromise between India's desire to tax digital giants and its participation in global tax negotiations.
3 min read27 Jul 2024How the Budget affects your salaries, investments and taxes
Changes to the capital gains and personal taxes in the Union budget could leave more money in your hands. Mint explains.
3 min read24 Jul 2024Govt’s earnings surge: ₹25,000 cr from STT as stock market hits highs
The Income Tax Department collected ₹25,000 crore in securities transaction tax (STT) till end of January, compared to ₹20,000 crore collected in the same time a year ago
3 min read6 Feb 2024Budget 2024: One crore taxpayers to get relief with the withdrawal of outstanding tax demands
Finance Minister Nirmala Sitharaman announced in the Interim Budget that the government will withdraw all outstanding disputed tax demands up to a specified amount and pertaining to a specified period, benefiting about one crore taxpayers.
2 min read2 Feb 2024Budget 2024 tech key highlights: 5 Major announcements by FM Sitharaman
Budget 2024 highlights key tech-related announcements, but does not include specific measures for artificial intelligence. Here are the major five announcements.
1 min read1 Feb 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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