With Budget 2025 raising break-even limits, tax savings under the old regime seem tougher. But for salaried couples in ...

President Sheinbaum presented the Mexico Plan (MP), which details tax incentives, provides for greater efficiency ...

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

The bills would increase deductions on the taxable income of Americans over the age of 65 and enjoying Social Security ...

If a property is rented out and has an active home loan, the taxpayer can claim a deduction of up to ₹2,00,000 on the ...

For senior citizens, banks will now deduct TDS if interest amount exceeds Rs 1 lakh in a particular bank. However, with smart ...

Rule 12 of CGST Rules, 2017 specifies the registration form for the e-commerce operator. Any person required to collect tax ...

National Savings Certificate (NSC) and Equity-Linked Savings Scheme (ELSS) not only helped individuals lower their taxes but also induced disciplined savings habits, particularly among young people in ...

Although these investments are not tax free any more, returns earned by investing in them are still exempt from income tax ...

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

New versus old income tax regime post Budget 2025: The new tax regime starting FY 2025-26 offers tax exemption for earnings ...