Staten Island Rep. Nicole Malliotakis floated a pair of bills Monday that would give elderly Americans deeper tax cuts, The ...

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

The Union Budget 2025 introduces a new Income Tax Bill to replace the 1961 Income Tax Act, simplifying tax laws. The new bill ...

What if someone earning above Rs 12.75 lakh annually chooses the old regime and claims the maximum deductions? Will it result in tax savings? This article explores the key deductions available under ...

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 ...

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 Budget 2025 introduces significant reforms in personal income tax, aimed at providing relief to middle-class taxpayers ...

Finance minister Nirmala Sitharaman introduced several tax reforms in the Budget 2025 intended to benefit middle-class taxpayers, including senior citizens.

Budget 2025 increases rebate, no tax liability up to ₹12 lakh; answers on rebate, exemptions, deductions in income tax.

Vidarbha Industries Association Taxation & Corporate Law Forum organised a session on "Post Budget Analysis 2025" on Tuesday, ...

Under the new tax framework, individuals with annual taxable income up to Rs 12 lakh will be exempt from tax obligations, while higher-income earners could realise savings up to Rs 1.1 lakh through ...

The Budget 2025 brings major tax relief for the middle class, making the new tax regime more attractive. From higher ...