The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...

Tax laws offer plenty of room to reduce the liability of the individual through careful structuring of salary, says Sudhir ...

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 ...

Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...

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

The Union cabinet approved the income tax bill on 7 February to replace the existing law, and it is expected to be tabled in ...

Budget 2025 prioritised three key areas: reviving consumption amid a notable slowdown, keeping inflation in check through a ...

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.

Finance Minister Nirmala Sitharaman has announced that under the new income tax regime, nil tax slab has been raised from ₹7 ...

The Central Government has made Income up to Rs 12 lakh of normal income tax-free. Capital gains income however falls under the taxable income. Check the latest slabs of income tax and rates under ...

The new, simplified tax regime is now a clear winner in the case of most tax slabs, show Deloitte calculations. In case of ...

Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle ...