From Indira Gandhi's 97.5% tax rate to Budget 2025: A shift in tax policy
Saturday, 8 February 2025 () India's tax policy has evolved significantly since the 1970s, when Prime Minister Indira Gandhi's government imposed a 97.5% income tax rate to promote economic equality. This policy led to massive tax evasion and a shrinking tax base, prompting reforms. By Budget 2025, a more progressive tax framework is anticipated, focusing on growth and taxpayer relief.
Prime Minister Narendra Modi criticized Congress in Rajya Sabha, highlighting instances such as Majrooh Sultanpuri and Balraj Sahni being jailed during Nehru's.. IndiaTimes
In an engaging conversation with OneIndia's Akash Kolluru, veteran journalist Rajdeep Sardesai delves into the intertwined history of media and politics, highlighting how leaders like Indira Gandhi and Congress utilized media for influence. He praises Chandrababu Naidu as a visionary for Andhra Pradesh and commends Pawan Kalyan's growing political acumen. Sardesai also notes a striking trend—leaders who leave Congress often thrive, with nine former CMs being notable examples last year. Insightful and thought-provoking, this interview unravels the dynamics of Indian politics. Watch the Full Interview on Oneindia Soon
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In a major relief for taxpayers, Finance Minister Nirmala Sitharaman announced that individuals earning up to ₹12 lakh annually will now be exempt from paying income tax. This unprecedented move aims..
As the Budget 2025 approaches, all eyes are on Finance Minister Nirmala Sitharaman’s potential income tax relief for salaried taxpayers. Will there be changes to tax slabs or new exemptions for NPS?..
Saturday, 8 February 2025 ()
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