The government introduced a new tax regime of lower tax rates in Budget 2020, which continues in FY 2025-26. In Budget 2025, the government pushed for the adoption of the new tax regime of lower tax ...

Buried within the BBA audit rules are strict requirements applicable to amending a partnership income tax return—known as an ...

Interest is charged on any tax not paid by the due date of the original return, without regard to extensions. The IRS will compute the interest and send you a bill if you don’t include it.

You can use Indian Express ’s income tax calculator to calculate your tax for financial year 2025-26. Select Financial Year: ...