The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...

Salaried taxpayers often face higher tax deductions at source (TDS) on their salaries despite having paid TDS or tax ...

Budget 2025 aims to unlock India's potential for development by 2047, with reforms for ease of doing business and tax ...

As the saying goes, “A nation’s wealth lies in the health of its people.” It’s time for Sri Lanka to prioritise this wealth, ensuring that every citizen benefits from a healthier, more secure future.

The financial landscape is changing, and young Indians are approaching wealth in new ways. Gen Z is rewriting the rules with ...

Multifarious Key Taxation Laws and Rules: The Indian taxation system is governed mainly under the Income Tax Act, 1961, with relevant sections being: Section 4: General Taxability. Section 90: ...

The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...

India's tax policy has evolved significantly since the 1970s, when Prime Minister Indira Gandhi's government imposed a 97.5% ...

PPF is one of the most popular long-term saving schemes. The tenure is 15 years, with an option to extend in 5-year blocks.

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 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 ...

NRIs who opt for the new tax regime may get some benefits, but they are not eligible for the Section 87A rebate ...