The proposed bill states upon choosing the new regime, taxpayers are unable to revert to the previous system in subsequent ...

Amid the new Income Tax Bill 2025, we answer some FAQs on tax slabs, old vs new regime, the new income tax rules, exemption ...

Finance Minister Nirmala Sitharaman raised the nil income tax slab to ₹12 lakh for salaried individuals. This entails a tax ...

Global View: The power that a rising and expanding America would inevitably acquire will be seen in Beijing and Moscow—and not only there—as a threat. Photo: Ju Peng/Alexander Kazakov ...

As Union Budget 2025 looms on the horizon, speculation is rife regarding the potential introduction of a new income ... The key difference between the two regimes is that the Old Tax Regime ...

Further, employers were mandated to make the new tax regime as the default regime and any employee who wanted to avail of various deductions and exemptions (as available under the old tax regime) ...

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

However, there was no change in tax slabs. A new tax regime was introduced in the year. Taxpayers could now choose between the old and new tax regimes. During her budget speech on July 23, 2024, ...

The choice between the old and new tax regimes depends on individual financial situations. If your annual deductions exceed Rs 3.75 lakh, the old regime might be more beneficial. However ...

The impressive phenomenon in a volcanic eruption that causes its lava to be blue Old age is a complex concept ... providing a new perspective on how we understand ageing. Chronological age refers ...

However, to be able to make that decision, they first need to compute income tax ... between. So, if you are a taxpayer and confused about whether the new tax regime is better for you or the old ...