In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...

The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...

It was during a Tory rally on July 20, 1957, organized to commemorate 25 years of public service by Alan Tindal Lennox-Boyd, ...

What if you earn more than Rs 12.75 lakh? Should you pick the new tax regime for lower rates or stick to the old one for ...

The Union Budget 2025 has revamped the new tax regime, exempting individuals earning up to Rs 12 lakh annually from income ...

For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower ...

The U.S. is witnessing in these last couple of weeks with the firings of civil servants is an attempt to return to the old spoils system begun under Andrew Jackson in which workers were hired and ...

New system's simplicity, reduced tax liability, increased disposable income potential 'make it a formidable alternative' ...

“Higher-income individuals also benefit. For instance, a taxpayer with Rs 16 lakh income will now save Rs 50,000 annually.

Many taxpayers preferred the old tax regime because it allowed them to claim deductions for expenses like house rent, home ...

Bill to be tabled in Parliament on Feb 6 to overhaul entire tax system; changes aimed at making the filing of IT returns ...