The new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...

The Union cabinet approved the income tax bill on 7 February to replace the existing law, and it is expected to be tabled in ...

Introduced in the Union Budget 2020, the new tax regime offers significant reductions in tax rates, but limits the ...

What kind of schemes should you avoid this tax season ... This year, the IRS said the agency is introducing a new form for the Fuel Tax Credit that will make it harder for "well-meaning taxpayers ...

The new tax regime has become even more attractive after the announcements made in Budget 2025. There is now no income tax ...

A new council tax support scheme will be launching in Test Valley. The scheme was approved by borough councillors on Wednesday, January 29, and will take effect on Tuesday, April 1. It will replace ...

If you are still confused about which tax regime to choose after Budget 2025 proposals, here is how to choose between the old ...

The government’s move to propose a new income tax law has reignited discussions, especially since no relief was announced for ...

With a standard deduction of Rs 75,000 under the new regime, salaried taxpayers earning up to Rs 12.75 lakh annually do not ...