Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the ...

The New Income Tax Bill 2025 aims to simplify tax laws, improve compliance, and reduce disputes. Key features include ...

Finance Minister Nirmala Sitharaman in her Budget 2025-26 speech said that the new tax bill will be submitted during the ...

The Budget 2026-27 also seeks to rationalise TDS/TCS provisions to alleviate compliance challenges and other relevant changes ...

The Finance Secretary reportedly that the income tax bill prioritises simplification and will focus on lowering penalties for ...

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 new income tax regime for FY 2025-26 offers significant benefits, including zero tax for income up to Rs 12 lakh and ...

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 ...

The government expects income tax-related measures announced in the Union Budget 2025-26 to lead to additional bank deposits ...

By Nidhi Jacob On February 1, 2025, Union Finance and Corporate Affairs Minister Nirmala Sitharaman announced that the nil ...

Vide Finance Act 2022, taxation of virtual digital assets (VDA) has been introduced in the Income-tax Act, 1961 (‘the Act’), ...

With the proposed changes, NPTR will now become far more appealing for individuals as it would mean availing beneficial tax ...