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 minister, who tabled the union budget for the next financial year in the Parliament on 1 February, has brought down the income tax burden on a large section of the salaried taxpayers in India ...

The minister, who has just presented the Union Budget 2025-26, with significant income tax rebates ... while addressing the India Today-Business Today Budget Round Table 2025, elaborating measures ...

Live: FM Nirmala Sitharaman announced to introduce New Income tax bill next week, no income tax till 12L under new tax regime ...

South Korea's financial watchdog said on Sunday that it will expand corporate information in English to help increase foreign ...

How is Cost Inflation Index used in Income Tax? Long term capital assets are recorded at cost price in books. Despite increasing inflation, they exist at the cost price and cannot be revalued. When ...

The Bharatiya Janata Party (BJP) has won or is leading in 48 seats in the 70-member legislative assembly, while the incumbent ...

If your deductions exceed the minimum break-even amount for your income slab (as shown in the last column of the table), then the old tax regime is preferable. If you have minimal deductions, opting ...

Industry insiders say the government introduced a policy on APIs in 2018, which offered income tax exemptions to producers of raw materials ... effectively with global leaders like China and India, we ...

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The Reserve Bank of India (RBI) made a significant move in its February 2025 monetary policy committee (MPC) meeting by ...