Tax -saving mutual funds or Equity Linked Savings Schemes (ELSSs) helps you to save income tax under Section 80C of the IT ...
With all eyes on the new Income Tax bill which is slated to be tabled in the Parliament this week. Sources in the know of the ...
Budget 2025 aims to unlock India's potential for development by 2047, with reforms for ease of doing business and tax ...
Budget 2025 has brought about changes to Ulips, tax on NPS Vatsalaya and for filing of updated income tax returns. Read our ...
As the saying goes, “A nation’s wealth lies in the health of its people.” It’s time for Sri Lanka to prioritise this wealth, ensuring that every citizen benefits from a healthier, more secure future.
The financial landscape is changing, and young Indians are approaching wealth in new ways. Gen Z is rewriting the rules with ...
Multifarious Key Taxation Laws and Rules: The Indian taxation system is governed mainly under the Income Tax Act, 1961, with relevant sections being: Section 4: General Taxability. Section 90: ...
The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...
India's tax policy has evolved significantly since the 1970s, when Prime Minister Indira Gandhi's government imposed a 97.5% ...
PPF is one of the most popular long-term saving schemes. The tenure is 15 years, with an option to extend in 5-year blocks.
Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...
India’s tax system saw important updates, making the new tax regime the default for most taxpayers. While it offers lower tax rates, it removes many traditional exemptions.