The government provides a Rs 75,000 standard deduction in the new tax regime benefiting salaried individuals and pensioner by ...

The simplification of ITR forms has been a welcome change for NRIs. However, e-verification of ITR form to successfully ...

Finance Minister Nirmala Sitharaman is set to introduce a new Income Tax Bill aimed at simplifying the six-decade-old tax ...

Question: I have earned some income in India that will require me to file a tax return. I am worried that once I do so, I ...

In addition to tax cuts, there is a desire for simplification of the tax filing process. Taxpayers have been requesting ...

Anyone earning Rs 2.5 lakh or more in India must file an ITR. This rule applies to everyone, not just high-income earners.

The existing tax structure, burdened by numerous amendments, has become increasingly complex, making filing returns a ...

In case of an NRI property seller in India, the buyer is responsible for withholding a tax, known as TDS, before making payment for the property. Awareness of the TDS procedure will enable a smoother ...

Finance Minister Nirmala Sitharaman announced new tax slabs in the new tax regime 2025, so there will be no income tax for those drawing ₹12 lakh and less ...

In 2020, the finance minister unveiled the new tax regime, which offered taxpayers the option to pay lower tax but forego ...

Finance Minister Nirmala Sitharaman gives more details of one of the most anticipated laws of our times – the new Income Tax Bill which is to be tabled in Parliament in the next few days. Speaking ...

The changes have been proposed under the new tax regime. The finance minister also proposed new income tax bill, which she ...