There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.

Changes were made in the July Budget to reduce the complexity of the capital gains tax calculations and give some income tax ...

The Modi government's income tax reforms over the past decade have transformed the system with a focus on simplicity, ...

ITR portal glitches, Income tax notice management; other issues plague e-filing ITR portal; Experts urge FM to look into this ...

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

While a majority of the middle class is said to benefit out of the new tax regime, it takes away all the exemptions on ...

Tax planning done right can reduce your tax liability by up to 26%. Most people don’t know about the tax-saving opportunities they can use. A tax planner India helps you tap into these savings. The ...

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 new Income Tax Bill will be made keeping in mind India's changing economy, the digital age and the needs of the taxpayers ...

2. That in the facts and circumstances of the case and in law, the Respondent erred in concluding that the income in the form of deposit, lease premium, rent and interest, etc. is liable to tax in the ...

Taxpayers can use the online tool Where’s My Refund? to check the status of their income tax refund within 24 hours of ...