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Govt Could Reduce Income Tax Rates in Budget
December 27, 2024
|The New Indian Express Anantapur
AMID outcry over the growing tax burden on the middle class, the government might reduce income tax rates for individuals earning up to ₹15 lakh a year, according to a report by Reuters.
Citing two unnamed sources, the international news agency said the move could benefit tens of millions of taxpayers, especially in the urban areas. The sources, who didn't want to be named, said the government has not decided on the size of any reduction.
A decision would be taken closer to the budget that will be presented in parliament on February 1.
هذه القصة من طبعة December 27, 2024 من The New Indian Express Anantapur.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Anantapur
The New Indian Express Anantapur
No place for double standards, terror epicentres no longer immune: Rajnath
DEFENCE Minister Rajnath Singh on Tuesday declared that “terrorism epicentres are no longer immune to justifiable punishment” and asserted there could be “no place for double standards” in combating terror.
1 mins
April 29, 2026
The New Indian Express Anantapur
Ex-SC judge who heads C’garh panel will also draft UCC report in MP
THE Madhya Pradesh government has constituted a sixmember committee to draft a bill on Uniform Civil Code (UCC), a move that came 12 days after Chhattisgarh, also under BJP rule, formed a similar panel.
1 min
April 29, 2026
The New Indian Express Anantapur
Modi inaugurates projects worth ₹1K crore in Varanasi
PRIME Minister Narendra Modi on Tuesday delivered two strong messages from different parts of the country, combining asharp political attack on women’s reservation with a development-focused pitch highlighting Sikkim’s success in organic farming.
2 mins
April 29, 2026
The New Indian Express Anantapur
GUARD AGAINST MYTHOS BRAHMASTRA
N the Mahabharata, after the war at Kurukshetra, Ashvatthama and Arjuna each unleash the Brahmashirastra, a weapon of such power that Vyasa himself must intervene.
3 mins
April 29, 2026
The New Indian Express Anantapur
South panchayats outperform North on multiple parameters: Govt data
A new study has revealed that the South outperformed northern states in rural local governance across various parameters, including health, education, poverty alleviation, water and sanitation, and developments focused on women and children.
1 mins
April 29, 2026
The New Indian Express Anantapur
Bengal row over UP ‘encounter’ cop
TMC accuses Ajay Pal Sharma of intimidating voters, warns of action @ BJP praises IPS officer
1 mins
April 29, 2026
The New Indian Express Anantapur
IIT-Kgp: Second student suicide within 10 days
ANOTHER student of the Indian Institute of Technology (IIT), Kharagpur, in West Bengal, died by suicide on campus on Tuesday.
1 min
April 29, 2026
The New Indian Express Anantapur
'Religious institution must have norms'
ON the ninth day of hearing in the Sabarimala case on Tuesday, the Supreme Court’s nine-judge Constitution bench said the right to manage a religious institution cannot mean absence of structure and there has to be a modality and norms devised for its functioning and there cannot be anarchy.
1 mins
April 29, 2026
The New Indian Express Anantapur
Reservoirs dry, water cut in Mumbai from May 15
THE Brihanmumbai Municipal Corporation (BMC), Asia’s richest civic body, has announced a 10% water cut from May 15, as drinking water-supplying reservoirs of the city are speedily depleting.
1 mins
April 29, 2026
The New Indian Express Anantapur
4 wild buffaloes from Kaziranga in Assam released at MP’s Kanha
THE Asiatic Wild Water Buffalo, which went locally extinct from Madhya Pradesh around a century ago, has been successfully reintroduced in the Kanha Tiger Reserve’s (KTR) Supkhar forests — the dense forest area which, tillsome months back, had served as a safe interstate corridor-shelter for armed Naxal cadres.
1 min
April 29, 2026
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