If a property is rented out and has an active home loan, the taxpayer can claim a deduction of up to ₹2,00,000 on the ...

A new piece of Texas legislation, introduced by a Republican state representative, could save countless Texans’ lives.

Do you know that a large part of your earnings goes in the form of tax? But now this will not happen! The central government has made such changes in the new tax system that will leave more money in ...

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

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

Yes, it is. You get a Standard Deduction of Rs 75,000 — but only if you’re salaried or a pensioner choosing the new tax ...

This will increase the burden of compliance on the part of the assessees and simultaneously increase the burden of the Income Tax Department also in monitoring the same. Many firms do not have TAN and ...

Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...

It is advocated by the Government that 75% of the assessees have moved to the New Tax Regime, which is not out of love and ...

What if you earn more than Rs 12.75 lakh? Should you pick the new tax regime for lower rates or stick to the old one for ...

Specifically, Sánchez declared: “We are going to change the regime ... tax than ordinary citizens when buying the same property”. Assessment: It is complicated to really interpret the Government’s ...

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 ...