Even though they blame it for plunging the country into war, the Lebanese are turning to Hezbollah, whose resources remain ...

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The longtime patriarch of the French far right, Jean-Marie Le Pen, died last month. Yet while the cadaver lies in the ground, ...

Madagascar owes its name to Marco Polo. The famous traveler heard about the island during his wanderings in Africa. The name ...

Ravi Agarwal, Chairman of the Central Board of Direct Taxes (CBDT), dismissed speculation that the Union Budget 2025 signals the end of the old tax regime. Responding to questions about its ...

Budget 2025 offers ₹60,000 rebate for incomes up to ₹12 lakh under new tax regime. (Representational image)(REUTERS) This makes the old tax regime, which has 5 per cent, 20 per cent ...

The new regime doesn’t allow any deductions or exemptions, unlike the old tax regime. The official agreed that there is always a scope for improvement and said, “It’s true across the spectrum, ...

Taxpayers who have plain salary income are most likely to go for this regime but what about those who have investments, educations expenses for their children, and other savings like NPS? Here’s why ...

The Finance Minister did not mention the old tax regime during her speech and the Budget document, too, is silent on it. The document, however, specifies that the revised tax slabs apply to those ...

In Budget 2024, the standard deduction under the old tax regime was increased from the earlier Rs 50,000 to provide relief for income tax payers. Notably, the provision of rebate on tax was increased ...

Budget 2025 income tax expectations: Most personal tax experts are of the view that the government will phase out the old income tax regime in the coming years. However, they are divided on how soon.