These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax ...

Discover how income tax changes from Rs 0 on Rs 12 lakh earnings to Rs 61,500 on Rs 12.1 lakh, with a breakdown of tax rates and amounts.

The logo celebrates six decades of strong ties between the two nations. The design features elements symbolizing both countries: colours from the Indian and Singaporean national flags, the lotus ...

Finance Minister Nirmla Sitharaman in her budget speech revealed about the new income tax bill, which is likely to be ...

The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...

We reported quarterly revenue of $382.7 million in the fourth quarter of 2024, along with 53.2% for non-GAAP gross margin. We shipped approximately 2.01 million microinverters, or 878.0 megawatts DC, ...

Exempting the middle class from income taxes should boost consumer spending. A push to investments and jobs, however, will need greater ease of doing business.

Neuberger Berman thinks there are a couple of key differences for the bond market that make us more optimistic. Click to read ...

In the amended income tax returns form to be submitted there should be allowance for showing and taking deduction for agriculture income (an example). So, India Income Tax authorities should be ...

Extension of Sunset Clause for Start-ups A strong proponent of India’s start-up ecosystem, Garg also calls for the extension of the sunset clause under Section 80-IAC of the Income Tax Act. The ...

The income tax department has come out with a fresh guidance note on the applicability of the Principal Purpose Test (PPT) for claiming tax treaty benefits, which will apply prospectively.