Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the ...
India has different slabs for people under 60, senior citizens (60-79), and super seniors (80 and above). For example, if you ...
Budget 2025 aims to unlock India's potential for development by 2047, with reforms for ease of doing business and tax ...
Cutting tax rates can promote growth, and conversely raising taxes can hinder it—the intellectual heritage of this line of thought stretches back to an 18th century economist. But this theory ...
The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...
Your home and personal loan EMIs are set to come down with the RBI governor Sanjay Malhotra announcing a 25 ba ...
The bill will not introduce new taxes. Instead, it will focus on simplifying tax laws, reducing legal complexities, and ...
India’s tax system saw important updates, making the new tax regime the default for most taxpayers. While it offers lower tax rates, it removes many traditional exemptions.
The Union Budget 2025 has set the stage for sustained economic momentum, with significant allocations for infrastructure, tax ...
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 government said it tried to allay the concerns of India's middle class, particularly income tax payers, in the Union ...
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 ...
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