Tax Rates  

The government offers taxpayers a choice between the traditional old regime, which includes numerous deductions and exemptions, and the new regime with simplified structures and lower tax rates.

The list features top ten countries with the highest income tax rates imposed by the government.

Union finance minister Nirmala Sitharaman provided relief for taxpayers by announcing a cut-down in tax rates in the government’s new Income Tax regime

Days After Finance Minister Nirmala Sitharaman announced a major cut in corporation tax in order to attract investment in the manufacturing sector which will provide a boost to make in India. According to reports now the BJP government is planning to rationalize personal income tax rates to boost the economy. Watch the video for full story.

Industry experts have hailed the move by finance minister Nirmala Sitharaman to slash tax rates to 22 % 
 

The Union finance ministry has decided to slash corporate taxes to 22% 

With the reduction in GST rates of electric vehicles (EV) from 12% to 5%, more people are expected to purchase the same. Moreover, local authorities can hire EVs without paying GST
 

Chairman of the Economic Advisory Council to the Prime Minister and permanent member of the NITI Aayog Bibek Debroy took a wide variety of questions in people's minds while answering them comprehensively in this exclusive interview with MyNation