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Friday, November 28, 2025
TopicIncome Tax

Topic: Income Tax

IT dept raids Karnataka Congress leader Parameshwara’s premises after close aide found hanging

G. Parameshwara's confidant Ramesh allegedly committed suicide days after being grilled by IT officials amid raids on the former Karnataka deputy CM's premises.

Uttar Pradesh cabinet decides to amend law exempting CM, ministers from paying income tax

Currently, the Uttar Pradesh Ministers' Salaries, Allowances and Miscellaneous Act, 1981 puts the burden of paying ministers' taxes on the state govt.

Indian govt can make taxes look good – by taxing bad behaviour, like honking

We can tax other bads too. Like air pollution, water pollution, parking on public roads and so on. We could call it the Bads and Disservices Tax.

Has Budget taken middle-class for granted because Modi assumes they will anyway vote for BJP?

Finance Minister Nirmala Sitharaman Friday presented the maiden Budget of the second Narendra Modi government.

Modi wants to bring household savings into financial markets but Budget roadmap isn’t clear

Incentivising informal sector workers to save is good, but creating separate schemes for different groups divides an already fragmented pensions market.

Modi govt planning to raise income tax exemption limit to revive economy

Finance Minister Nirmala Sitharaman is considering raising income tax exemption limit for working-age individuals to Rs 3 lakh from Rs 2 lakh at present.

Rs 95 lakh to Rs 9 crore: SC fines got its legal aid agency 10 times more cash in 2018-19

SC and high courts fine litigants and advocates for frivolous petitions and contempt of court, apart from the penalties handed out as part of judgments.

Demonetisation gain takes a hit as income tax e-returns drop by 6 lakh in 2018-19

The number of returns filed online dropped to 6.68 crore in 2018-19, after the high of 6.74 crore registered post-demonetisation in 2017-18.

Modi govt has reduced recruitment of IRS officers by over 70% since 2014

In 2013, 409 IRS officers were recruited through the UPSC exam. By 2018, the number of posts released by the Modi govt stood at 106.

BJP promise to ease taxes for middle class is sound economics & politics

ThePrint view on the most important issues, instantly.

On Camera

Is Bangladesh ready for ‘developed country’ status? It’s all optics for Sheikh Hasina

The graduation is meant to bolster the legacy and legitimacy of Sheikh Hasina's Awami League, even as the real-world preparedness lagged behind the glossy narrative.

Karnataka startups feel the chill as global funding winter sets in. Fintech emerges as sole bright spot

The state raises just $2.7 billion in first nine months of 2025 compared to $4.5 billion last year, with late-stage investments hit hardest.

India and Indonesia inch closer to BrahMos deal, defence ties to ramp up

Indonesia delegation led by Defence Minister Sjafrie Sjamsoeddin visited BrahMos facility & met with top officials & undertook a detailed briefing on the missile system.

A tribute to Tejas. India’s delay culture is the real enemy in the skies

It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.