The bill will not introduce new taxes. Instead, it will focus on simplifying tax laws, reducing legal complexities, and ...
The Union Cabinet is expected to approve the new Income Tax Bill, potentially leading to its introduction in the Lok Sabha ...
The new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...
The Union Budget 2025 has brought significant changes to the tax slabs, leaving many wondering how it will impact their finances. Get a clear understanding of the new tax slabs from our expert in this ...
After Rajya Sabha MP and Congress leader Syed Naseer Hussain said that despite PM Modi having campaigned for Donald Trump in ...
If cleared, the bill could be introduced in the Lok Sabha early next week. The legislation is part of the Centre’s broader ...
What if someone earning above Rs 12.75 lakh annually chooses the old regime and claims the maximum deductions? Will it result in tax savings? This article explores the key deductions available under ...
To benefit from this revision, individuals must simply file their ITR; no additional formalities are required.
In this budget, Finance Minister Nirmala Sitharaman revealed that individuals earning up to Rs 12 lakh annually will be ...
The Finance Bill presented by the FM on February 1, 2025, had a bonanza for middle-class taxpayers. However, despite the tax ...
Save more tax in old tax regime by claiming up to Rs 8.5 lakh tax deductions for a salary income up to Rs 25 lakh. Moreover, ...