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 ...
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.
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 ...
Taxpayers should note the revised tax slabs and rates announced in Budget 2025-26 will only be applicable for the Financial ...
The Union Budget 2025–2026 has eliminated tax for middle-class individuals earning up to Rs 12 lakh. This makes India’s ...
Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...
Know how India's tax rates for FY 2025-26 compare with those of other G-20 countries, covering personal income tax rates, ...
Finance Minister Nirmala Sitharaman has proposed to add more sugar to the New Tax Regime. As per the tax rates proposed by the Union Budget 2025, there would not be any tax on income up to Rs 12 lakh ...
The revamp is focussed on a simplified eightslab tariff structure, a single surcharge on customs tariffs, and a strict ...
Contrary to the general perception that the new tax regime is available only to individuals, it is actually applicable to all individuals, Hindu Undivided Families (HUFs), Associations of Persons ...
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