President Trump called for ending the so-called carried interest loophole, which saves financiers billions. It’s a tax break ...
Kia on Friday said it is contesting an Indian tax demand of $14 million for wrongly using free trade agreements to claim ...
The Trump administration on Friday delayed the suspension of the so-called de minimis provision, which allows packages worth ...
Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...
The Finance Minister said this will boost domestic consumption and savings. But does the tax exemption of up to Rs 12 lakh income mean that a salaried person earning more will be taxed only on the ...
New Tax Regime: The proposals in the Union Budget for the new tax regime include full exemption for individuals earning up to Rs 12 lakh per year. The tax slabs have been extended, with a new 25 ...
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New income tax regime: Check revised tax rates, slabs, and will you benefit?Will the new tax regime put more money in your pocket, or should you stick with the old regime? Here is all you need to know.
The current income tax slabs introduced for FY 2024-25 were designed to alleviate the tax burden on average taxpayers.
Budget 2025 increases rebate, no tax liability up to ₹12 lakh; answers on rebate, exemptions, deductions in income tax.
Finance Minister Nirmala Sitharaman announced an increase in the basic income tax exemption limit from Rs 3 lakh to Rs 4 lakh under the new tax regime. This change will reduce tax liabilities for ...
Finance Minister Nirmala Sitharaman may not scrap the old tax regime, but tax sops, if any, are likely to be announced only ...
The latest move is aimed at boosting disposable income, encouraging savings, and fueling consumption-led economic growth.
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