Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the ...

The New Income Tax Bill 2025 aims to simplify tax laws, improve compliance, and reduce disputes. Key features include ...

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 Budget 2026-27 also seeks to rationalise TDS/TCS provisions to alleviate compliance challenges and other relevant changes ...

The Finance Secretary reportedly that the income tax bill prioritises simplification and will focus on lowering penalties for ...

The RBI has announced that it will introduce new guidelines to address mis-selling and forced selling of insurance.

The bill will not introduce new taxes. Instead, it will focus on simplifying tax laws, reducing legal complexities, and ...

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.

The new income tax regime for FY 2025-26 offers significant benefits, including zero tax for income up to Rs 12 lakh and ...

India should adopt a progressive scale for traffic fines to ensure that these can deter everybody equally regardless of ...

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 ...