Although these investments are not tax free any more, returns earned by investing in them are still exempt from income tax ...

Do you know that a large part of your earnings goes in the form of tax? But now this will not happen! The central government has made such changes in the new tax system that will leave more money in ...

Finance Minister Nirmala Sitharaman raised the nil income tax slab to ₹12 lakh for salaried individuals. This entails a tax ...

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

However, to be able to make that decision, they first need to compute income tax ... between. So, if you are a taxpayer and confused about whether the new tax regime is better for you or the old ...

Since its launch, there has been ongoing debate and speculation about whether the government should completely scrap the Old Tax Regime ... introduce a new tax slab for incomes between Rs 15 ...

75,000 under the new regime and Rs. 50,000 under the old regime ... this could make a significant difference to taxpayers and the nation's economic momentum." Santhosh Sivaraj, Partner, Global ...

Here are three pivotal changes that can make a difference. Raise Threshold For The 30% Income ... These patterns suggest that the absence of deductions in the new tax regime is discouraging long-term ...

For the salaried taxpayers, one of the major changes came in the 2020 Budget when a new and simplified optional tax regime was introduced with lower tax rates but without the benefit of most ...

Following the tax reforms in the country, United Bank for Africa (UBA) Plc is set to host a Knowledge Series webinar specifically dedicated towards informing and educating small and medium ...

Though the major tax relief is likely to be announced for the new tax regime, taxpayers need to know the current deductions available under the old tax regime. Here’s a comprehensive guide to the key ...