Most personal tax experts are of the view that the government will phase out the old income tax regime in the com ...

The new tax regime was first introduced in Union Budget 2020-21 by inserting a new section, 115BAC, in the Income Tax Act for ...

Individual taxpayers, who saw limited changes in the July 2024 Budget, are now hopeful for meaningful reforms to reduce ...

Interest incurred on home loans is a popular deduction available under Section 24(b) in the old tax regime. However, the same ...

Salaried taxpayers hope Budget 2025 will see some major taxation reforms, including much-needed tax relief for them, higher ...

In 2020, the finance minister unveiled the new tax regime, which offered taxpayers the option to pay lower tax but forego ...

With the Budget 2025 deadline nearing, the buzz is that the old income tax regime may be scrapped. Analysts point to the ...

Budget 2025: udget 2025 is expected to address taxpayers' concerns over the dual tax regime system, with experts advocating ...

Budget 2024 ushered in sweeping changes in the new tax regime, rejigging income tax slabs and hiking the standard deduction ...

With reforms already initiated to simplify the tax regime for charities, TDS rate structure, provisions for reassessment and search provisions and capital gains taxation, all eyes and hopes are now on ...

While it is well known that new income tax regime is simplified tax regime without tax exemptions and deductions ...