Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the ...

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 bill has been drafted in six months, incorporating changes to tax rates, slabs, and TDS provisions announced in the Union ...

Georgia lawmakers introduced legislation this week to exempt college athletes from a 5.39% state income tax on their name, ...

An advertising agency owner in Nagpur orchestrated the large-scale felling of 552 trees to install pole kiosks along Inner Ring Road, causing Rs56 lak ...

Three more massage therapists have accused Ravens kicker Justin Tucker of sexually inappropriate behavior, adding to earlier allegations from six othe ...

FM said that nil tax slab will apply for annual income up to Rs 12 lakh (Rs 12.75 lakh for salaried tax payers with standard deduction of Rs 75,000) under new tax regime. Trending Photos New Delhi: ...

The finance minister Nirmala Sitharaman announced the establishment of a Rs 1 lakh crore Urban Challenge Fund to drive the ...

Increase basic exemption limit to Rs 5-10 lakh Some reports have suggested that the government could consider increasing the basic exemption limit under the new tax regime from Rs 3 lakh to Rs 10 ...

A key recommendation is to increase the basic exemption limit under the new tax regime to ₹10 lakh. If implemented, individuals earning up to ₹10 lakh annually would be exempt from paying income tax ...

Budget 2025: What is the standard deduction? It is a fixed amount of money deducted from amount automatically deducted from an individual's annual taxable income. Therefore, it reduces the overall tax ...

Image Source : PIXABAY The new tax regime exempts income up to Rs 3 lakh. Budget 2025: As Finance Minister Nirmala Sitharaman prepares to present Union Budget 2025 on February 1, salaried people ...