Gifting is a heartfelt way to express love and affection towards our dear ones. In 1958 by Parliament of India, the gift tax ...

– If you sell stocks or equity mutual funds after holding them for more than 1 year, any profit is called long-term capital gain. – Tax Rate: 12.5% on profits above ₹1.25 lakh in a financial year (the ...

Apart from lower EMIs for existing borrowers, the RBI rate cut will also make home loan, auto loan and personal loan cheaper ...

The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...

Inflation affects everyone, including the economy and taxes. India's Income Tax Act has provisions to adjust tax liabilities for inflation. These adjustments ensure taxpayers aren't burdened with ...

Budget 2025 increases rebate, no tax liability up to ₹12 lakh; answers on rebate, exemptions, deductions in income tax.

Understand the updated tax rates for mutual fund investments under the Finance Bill 2025. Explore the tax implications for ...

The Union Budget 2025–2026 has eliminated tax for middle-class individuals earning up to Rs 12 lakh. This makes India’s ...

Tax experts explain how the new income tax changes impact taxpayers across income levels, from Rs 6 lakh to Rs 1 crore, after ...

To the relief of middle-class tax payers, Finance Minister Nirmal Sitharaman announced a new tax slab during the Union Budget ...

Budget discussions highlight income tax cuts, taxpayer respect, and a focus on simplification, aiming to boost consumption ...

We decided that some people should receive extra benefits beyond mere slab rate reductions. Hence, an extra rebate was ...