All eyes are on Finance Minister Nirmala Sitharaman as the Union Budget 2026 is expected to bring significant changes to tax slabs and a higher exemption limit, aiming to provide relief to taxpayers.
India's per capita income is projected to reach $4,000 by 2030, placing it in the World Bank's upper middle income category alongside China and Indonesia, according to State Bank of India analysis.
Delhi government increases annual income limit for ration cards to Rs 1.20 lakh, mandates income certificates, and replaces first-come-first-serve with priority-based system.
The Centre is actively working to increase the income limit for SC scholarships from Rs 2.5 lakh to Rs 4.5 lakh annually, potentially benefiting millions more students.
The Supreme Court has instructed all states and union territories to establish clear rules for implementing the 25% EWS quota in private schools under the RTE Act, ensuring compliance.
The Delhi High Court has been notified that the income criteria for Economically Weaker Sections to access hospital treatment has been increased to ₹5 lakh annually.
Government data reveals thousands of reserved seats for Economically Weaker Sections go unfilled yearly in Delhi's private schools, highlighting gaps between policy and implementation.
Delhi High Court enhances EWS income criteria for hospital treatment to Rs 5 lakh annually. The facility applies to all government and concessional land private hospitals.
Millions of Indian taxpayers await government clarity on the continuation of the old income tax regime beyond March 2025. Experts urge proactive communication to aid financial planning. Read more for details.
Tax experts caution government against raising income tax surcharge or reintroducing wealth tax in Budget 2026-27, warning of capital flight and impact on investment. Read the full analysis.
The new Simplified Income Tax Act, 2025, comes into force on April 1, 2026, replacing the old assessment year system with a single 'tax year'. Learn how this major tax reform simplifies compliance for Indian taxpayers.
The new Income Tax Act 2025 comes into force on April 1, 2025. Understand the key changes in tax slabs, deductions, and compliance for the upcoming financial year.
India's income tax department launches a 'Nudge' campaign to boost honest reporting as direct tax growth slows to 8%. Learn about the new compliance focus and collection targets.
GLADA officials in Ludhiana have registered an FIR against a developer for allegedly selling plots reserved for Economically Weaker Sections. Read the full details of the case and ongoing crackdown.
Punjab education department launches a portal for mandatory registration of private schools to implement the 25% RTE quota for disadvantaged groups. Deadline is January 12.
A Bengaluru man's detailed Reddit post reveals he earned Rs 2,220 in 4 days as a part-time Rapido captain. His breakdown of hours, fuel costs, and night incentives offers a rare, transparent look at gig work income in India. Read his full story.
Delhi government increases income threshold for EWS families to Rs 5 lakh annually for free treatment at private hospitals. Learn about the scheme's expansion and its impact on healthcare access.
Delhi govt increases income ceiling for EWS patients to Rs 5 lakh annually for free treatment in private hospitals. Move to widen healthcare access for low-income families across India.
PIB Fact Check refutes viral social media claim of an 85% tax on transactions over ₹10 lakh. No such tax exists. Read details on the new Income Tax Act 2025 and its simplified rules.
Taxpayers can file revised ITR until Dec 31, 2025 for AY 2025-26. Learn how to check your refund status online and understand common reasons for processing delays.
Telangana's per capita income is set to hit $5,000, surpassing nations like Pakistan and Nepal. Driven by GCCs and steady growth, the state's economy is reshaping its global standing. Explore the full analysis.
NITI Aayog's new paper recommends decriminalising many income tax offences to shift from fear to trust-based compliance. Could this reform boost investment and ease business?
Delhi govt postpones DSSSB TGT recruitment exam scheduled for March. Education Minister Ashish Sood cites plan to relax age criteria for candidates affected by past delays. New date to be announced.
Delhi government halts March DSSSB exams to review age limit relaxation demands. Minister Ashish Sood cites fairness and staff shortages. Get the latest updates here.
Filing a belated or revised ITR for FY24-25? Know the crucial CBDT rules on gold holdings. Learn the exempted limits per family member and avoid seizure risks. Act before Dec 31, 2025.
Taxpayers have until January 31, 2025, to file revised income tax returns for AY 2025-26. Learn the step-by-step process and crucial rules for correcting errors in your ITR.
India's upcoming Household Income Survey 2026 aims to close a decades-long data gap on what homes earn, moving beyond consumption for better policy. Read how this will reshape economic understanding.
The Income Tax Department's CPC has a strict deadline to process ITRs. If missed, your filed return is deemed accepted. Learn how to claim your refund if delayed.
Income Tax Dept sends bulk SMS/emails about refunds on hold due to mismatched ITR details. Taxpayers must file revised return by Dec 31. Learn how to fix errors.
Many taxpayers report receiving emails/SMS from the Income Tax Department stating their refunds are on hold due to discrepancies. The deadline to file a revised ITR for AY 2025-26 is December 31, 2024. Get clarity on the issue.