He speaks about the new tax regime, complex provisions that exist in the law and his expectations from the new Income Tax Law ...

The new tax regime starting FY 2025-26 offers tax exemption for earnings up to Rs 12.75 lakh annually. Despite the new ...

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

Finance Minister Nirmala Sitharaman has announced important changes for the salaried class in Budget 2025. Under the new tax ...

Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...

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

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 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 ...

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

Among the most significant announcements was the introduction of a New Income Tax Bill, set to be tabled this week ...

Summary: The Finance Bill 2025 presents significant updates in both direct and indirect taxes aimed at improving business ease, reducing litigation, and widening the tax base. Direct tax proposals ...