The new income tax bill received clearance from Union Cabinet last week. Soon, the FM will likely table the same in the ...

Finance Minister Nirmala Sitharaman during her Budget 2025 speech on February 1, 2025 announced the New Income Tax Bill that ...

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 ...

Discover how income tax changes from Rs 0 on Rs 12 lakh earnings to Rs 61,500 on Rs 12.1 lakh, with a breakdown of tax rates and amounts.

The logo celebrates six decades of strong ties between the two nations. The design features elements symbolizing both countries: colours from the Indian and Singaporean national flags, the lotus ...

We reported quarterly revenue of $382.7 million in the fourth quarter of 2024, along with 53.2% for non-GAAP gross margin. We shipped approximately 2.01 million microinverters, or 878.0 megawatts DC, ...

Neuberger Berman thinks there are a couple of key differences for the bond market that make us more optimistic. Click to read ...

Deductions, also sometimes called tax write-offs, are eligible expenses that you can deduct on your return to lower the amount of income that gets taxed. There are many valuable self-employment ...

In the amended income tax returns form to be submitted there should be allowance for showing and taking deduction for agriculture income (an example). So, India Income Tax authorities should be ...

Extension of Sunset Clause for Start-ups A strong proponent of India’s start-up ecosystem, Garg also calls for the extension of the sunset clause under Section 80-IAC of the Income Tax Act. The ...

The income tax department has come out with a fresh guidance note on the applicability of the Principal Purpose Test (PPT) for claiming tax treaty benefits, which will apply prospectively.