Will the new tax regime put more money in your pocket, or should you stick with the old regime? Here is all you need to know.

In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...

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

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 ...

It missed a chance to level the field for citizens vis-a-vis big businesses—which have contributed little to India’s economic ...

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.

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

There is a view that if the house is jointly funded, capital gains from sale of such a house, should be included in the ...

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

The AO initially passed an assessment order, making additions related to transfer pricing adjustments and disallowance under Section 14A. Subsequently, the assessment was reopened under Section 147 ...

A key point of contention was the society’s claim for deduction under Section 80P(2)(a)(i) of the Income Tax Act, 1961, for interest income received from various banks, including nationalized banks.