“To taxpayers with up to Rs 12 lakh of normal income (excluding special rate income such as capital gains), a tax rebate is ...

MUMBAI: Of every rupee in the government coffers, the biggest pie--of 66 paise-- comes from direct and indirect taxes, ...

The National Pension System (NPS) Vatsalya Scheme was officially launched on September 18, 2024. While Budget 2025 did not revise income tax slabs and rates under the old tax regime, it has extended ...

Mumbai: The govt is expecting a significant dividend from RBI for FY26, with receipts budget projections indicating Rs 2.

Budget 2025 reveals borrowing as the top revenue source at 24 paise per rupee, while states receive the largest share at 22 paise. Spending priorities include debt, welfare, and defence.

Hope for the higher dividend has emerged after the RBI has sold dollars heavily in market worth USD 195.568 billion between April and November 2024.

India's foreign exchange reserves halted a seven-week losing streak and rose to $629.56 billion as of Jan. 24, coming off ...

The Reserve Bank of India's $5 billion 6-month dollar/rupee buy-sell swap auction was oversubscribed five-fold on Friday, ...

Explore why the USD/INR exchange rate has jumped to a record high and what to expect later this year as the RBI starts ...

The Indian rupee slipped to an all-time low on Friday, as the threat of U.S. trade tariffs under President Donald Trump ...

A vermilion dot on the forehead is one of India’s most widely accepted Hindu cultural insignias. But at the festival, where millions are flocking to pray and bathe at the confluence of India’s holy ...

This asymmetry in the behaviour of the nominal exchange rate led to an overall devaluation of the rupee throughout the 2010s decade as reflected in Figure 1. In the post-COVID period ...