Here are the tax slabs, deductions, and rebates for the financial year 2024-25 or the assessment year 2025-26.

Stock market income taxation depends on whether one is an investor or trader. Traders' income is taxed at slab rates as ...

The Old Tax Regime requires tax planning, as taxpayers must invest in specific financial products to claim deductions. In contrast, the New Tax Regime is simpler, as it does not require tracking ...

No more running after proofs, no more figuring out which investment saves the most tax. Just take your total income, slap on the tax rate, and boom—you’re done. No last-minute scrambling, no endless ...

The financial year 2024-25 is about to close. Taxpayers can file their income tax return as per the existing new tax regime ...

The proposed new tax regime will be implemented from April 1, 2025. An income up to Rs 12,75,000 will be tax-free for ...

Parents can significantly reduce their tax burden by claiming deductions on their children's school and college tuition fees ...

Looking to save tax in FY25 and earn interest. Tax-saver Bank Fixed Deposits can be a worthwhile option for conservative and ...

There are two types of income tax slabs - one under new tax regime and other under old tax regime. What is the difference between gross income and taxable income? Gross income includes all your ...

Unless a person opts for the old regime, their taxes will be deducted based on the new structure. The ability to switch between these two regimes depends on the type of income earned. In the last ...