According to experts, investors who have invested in debt mutual funds may benefit from some significant tax-saving changes ...

Tax calculations: The Centre has once again aimed to enhance the appeal of the New Tax Regime by introducing lower tax rates and reducing deductions. This restructuring aims to simplify taxation ...

Budget 2025 has been well received by middle-class Indians, particularly due to the zero tax on income up to ₹12 lakh under the new tax regime ... chooses the old tax scheme or the new scheme ...

Summary: The Finance Bill 2025 presents significant updates in both direct and indirect taxes aimed at improving business ease, reducing litigation, and widening the tax base. Direct tax proposals ...

Live: FM Nirmala Sitharaman announced to introduce New Income tax bill next week, no income tax till 12L under new tax regime ...

are exempt from taxation. Income from the Agnipath Scheme (Section 80CCH) Allowances Still Exempt under New Tax Regime 2025 Transfer-Related Allowance: Tax-free transition expenses can be claimed ...

The Board of India Today Experts (BITE) gives a thumbs up to Budget 2025 for striking a fine balance between economic growth ...

The tax treatment of ULIP gains, especially for high-premium policies, was also unclear. Unlike traditional insurance plans that invest mainly in debt ... Week: New tax law to change taxation ...

Budgets come and go leaving behind a sea of unfulfilled expectations of taxpayers. However, Budget 2025 will long be remembered as one of the few Budgets that warmed the cockles of middle-class hearts ...

The Finance Minister also announced higher tax exemptions ... supplementing the existing government contribution of Rs 10,000 crore. Additionally, a new scheme will be introduced to benefit ...