Only Indian residents can open a PPF account. It has a minimum tenure of 15 years. The principal amount invested and the ...

With the recent Union Budget announcement, there’s a new way to make your income tax-free, even if you earn as much as ₹18 ...

The GOP Congress is looking at including employer-provided benefits like free transportation, food and gyms as taxable income ...

Though these deductions find no place in the new tax regime, heres why some investments still deserve a place in your ...

There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.

These high-yielding municipal bond ETFs trade below net asset value, meaning the price of the funds is less than the value of ...

Guide: The new income tax regime under Budget 2025 allows tax-free income up to ₹12 lakh. Taxpayers earning just above this threshold can avail marginal relief, reducing their tax liability significan ...

Not all your incomes qualify for the rebate benefit under Section 87A. Income from capital gains, lotteries, and other categories taxed at special rates remains ineligible for the rebate, leaving many ...

The finance ministry said the rebate for individuals under the new regime should be increased so that they do not pay tax if their total income is up to ₹ 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 ...

Income taxes don't end just because you've reached your senior years. In some cases, federal tax returns for seniors are ...

Accordingly, a change in tax slabs will benefit all these persons. How will a person with an income of ₹12 lakh benefit from new rates? Any individual earlier was required to pay a tax of ...