Zero tax up to Rs 12 lakh taxable income is good news. But you start to lose as soon as you cross that threshold – until your ...

India's new income tax bill proposes sweeping powers for authorities to access taxpayers' emails, trading and social media ...

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 ...

New Income Tax ... Centre also revised tax slabs under the new tax regime, offering taxpayers a potential annual saving of ...

Are you left scratching your head about the changes in tax slabs in the new regime announced in Union Budget 2025? Wondering ...

The old tax regime, which remains unchanged in the 2025 Budget, allows taxpayers to claim various exemptions such as House Rent Allowance (HRA), deductions under Section 80C (like for life insurance ...

New income tax bill is believed to a historic bill since it will replace the current legislation, which was enacted way back ...

Together with fiscal prudence, it could keep the economy stable amid global headwinds that may worsen. This will be a year of ...

Key changes affecting NRIs include greater scrutiny of foreign-earned income. The Indian government will implement enhanced data-sharing agreements with countries involved in Double Tax Avoidance ...

India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...

This comes after the government said that people earning up to 1.28 million rupees ($14,800) per year will not have to pay ...

Many economists had suggested his government make tax cuts on individuals' income and implement job creation programs to mitigate rising unemployment. According to the Center for Monitoring the Indian ...