The Union Budget 2025 introduces a new Income Tax Bill to replace the 1961 Income Tax Act, simplifying tax laws. The new bill ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

Too few citizens are expected to contribute too much to the tax coffers. Yet, the political courage needed to even out a ...

In the Budget 2025, there have been new income tax slabs introduced in the new tax system. Finance Minister Nirmala ...

The biggest change is the revised tax slab, which ensures that individuals earning up to Rs 12 lakh annually will not have to pay any income tax ...

The Balochistan Assembly has recently passed the “Balochistan Tax on Land and Agricultural Income Bill,” which imposes an income tax of up to 45 per cent on agricultural earnings. This new tax has ...

Where do you really stand?” It’s a question that nags at many of us every budget season. The ever-shifting economic landscape ...

The total revenue impact of major tax incentives for Individual/HUF taxpayers for last five years is Rs 8,69,907.40 In comparison, the total revenue impact of major tax incentives for corporate ...

The Budget 2025 introduces significant reforms in personal income tax, aimed at providing relief to middle-class taxpayers ...

The Budget 2025 is being seen as an important step to revive the slackening urban consumption in India and thereby help ...

Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and ...

Sitharaman announces that individuals with an annual income of up to Rs 12 lakh will be exempt from paying income tax.