New regime narrows LTCG-regular income tax gap. Are equities still worth it?
Tax breaks introduced in budget 2025 have reduced the tax advantages of equity investments for small and medium investors, ...
The Financial Express7h
New tax regime is made for Gen X
The financial landscape is changing, and young Indians are approaching wealth in new ways. Gen Z is rewriting the rules with ...
BasuNivesh11h
Budget 2025 -Whether Rental Income up to Rs.20 lakh is tax-free?
One of my clients recently asked, after Budget 2025, whether Rental Income up to Rs.20 lakh is tax-free. The answer is YES ...
The Week19h
How BJP hopes to make electoral gains in Delhi, Bihar and other poll-bound states
Delhi, Bihar and the states going to the polls next year have been tough grounds for the BJP, barring Assam where it had two ...
Income Tax Bill to make rules simpler, easy to read
The Income Tax Bill, approved by the Cabinet on Friday, will not have any rate surprises. The bill is a major exercise in ...
Newsd1d
Tax Calculation: Understanding Tax Calculation: Gross Income, Taxable Income, and Net Income, What is the difference?
The Union Budget 2025 has introduced new income tax slabs, bringing relief to taxpayers. Finance Minister Nirmala ...
Income Tax Bill News Highlights: Union Cabinet approves new I-T Bill; will be presented in Parliament next week
The Union Cabinet is expected to approve the new Income Tax Bill today, potentially leading to its introduction in the Lok ...
CBDT tax calculator: If your annual salary is Rs 15 lakh, which tax regime should you opt for - new tax or old tax?
In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...
Income Tax Calculator FY 2025-26: Compare New Tax Regime vs Old Tax Regime
The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...
Do I need to pay tax if my income goes even one rupee over Rs 12 lakh?
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 ...
TDS, TCS Changes In Budget 2025: Explaining Tweaks In Withholding Taxes, Personal Income Tax
The Budget 2026-27 also seeks to rationalise TDS/TCS provisions to alleviate compliance challenges and other relevant changes ...
Tax Guru1d
9 Key Tax Compliance Issues Missed in Union Budget 2025
This will increase the burden of compliance on the part of the assessees and simultaneously increase the burden of the Income Tax Department also in monitoring the same. Many firms do not have TAN and ...