Tax breaks introduced in budget 2025 have reduced the tax advantages of equity investments for small and medium investors, ...

One of my clients recently asked, after Budget 2025, whether Rental Income up to Rs.20 lakh is tax-free. The answer is YES ...

Delhi, Bihar and the states going to the polls next year have been tough grounds for the BJP, barring Assam where it had two ...

No income, so need to file ITR? What about available deductions in the new tax regime? What to do if your salary goes above ...

The Union Budget 2025 has introduced new income tax slabs, bringing relief to taxpayers. Finance Minister Nirmala ...

In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...

The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...

Yes, it is. You get a Standard Deduction of Rs 75,000 — but only if you’re salaried or a pensioner choosing the new tax ...

The Budget 2026-27 also seeks to rationalise TDS/TCS provisions to alleviate compliance challenges and other relevant changes ...

The biggest change is the revised tax slab, which ensures that individuals earning up to Rs 12 lakh annually will not have to pay any income tax ...

The new Income Tax Bill, which will replace the six-decade old Income Tax Act of 1961, will make direct tax laws simple to ...

India's new Income Tax law aims to simplify tax laws, reduce litigation, and make it easier for taxpayers to understand their ...