The tax credit designed to assist low-income homeowners and renters hasn’t been updated since 2008. As a result, fewer people ...

The new Income Tax Bill will replace the current Income Tax Act, once it becomes effective from April 1, 2026. However, many ...

With greater control over financial choices, individuals can combine smarter spending with disciplined investing to secure ...

With all eyes on the new Income Tax bill which is slated to be tabled in the Parliament this week. Sources in the know of the ...

The Union Budget 2025 introduces a new Income Tax Bill to replace the 1961 Income Tax Act, simplifying tax laws. The new bill ...

What if someone earning above Rs 12.75 lakh annually chooses the old regime and claims the maximum deductions? Will it result in tax savings? This article explores the key deductions available under ...

The Finance Bill presented by the FM on February 1, 2025, had a bonanza for middle-class taxpayers. However, despite the tax ...

The total revenue impact of major tax incentives for Individual/HUF taxpayers for last five years is Rs 8,69,907.40 In comparison, the total revenue impact of major tax incentives for corporate ...

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 ...

Finance minister Nirmala Sitharaman introduced several tax reforms in the Budget 2025 intended to benefit middle-class taxpayers, including senior citizens.

Budget 2025 increases rebate, no tax liability up to ₹12 lakh; answers on rebate, exemptions, deductions in income tax.