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.

Union Budget, Finance Minister Nirmala Sitharaman offered a glimmer of hope by announcing a six-month review of the 1961 Act.

The government should consider making the filing process simpler for non-resident Indians who do not have Aadhaar by allowing ...

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