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LatestIncome Tax 12 July 2026

India, NZ Boost Ties

India and New Zealand have strengthened their ties to a strategic partnership, aiming to double trade to ₹35,000 crore by 2030, with a focus on economic cooperation and mutual growth, while India's finance minister has also made significant announcements on income tax, including new slabs and rates under the old and new tax regimes in the 2026 budget

India and New Zealand have grown their ties to a strategic partnership, with the goal of doubling trade to ₹35,000 crore by 2030. *Key areas of cooperation* include economic growth, trade, and mutual investment. The partnership aims to increase bilateral trade and strengthen economic ties between the two nations. Some of the key points of the partnership include:
- Doubling trade to ₹35,000 crore by 2030
- Increasing economic cooperation
- Mutual growth and investment
Meanwhile, India's finance minister has made significant announcements on income tax, including *new tax slabs and rates* under the old and new tax regimes in the 2026 budget.

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