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

The new tax regime starting FY 2025-26 offers tax exemption for earnings up to Rs 12.75 lakh annually. Despite the new ...

Tax laws offer plenty of room to reduce the liability of the individual through careful structuring of salary, says Sudhir ...

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 ...

Union Cabinet approves new Income Tax Bill, replacing outdated 1961 Act, aiming for simplicity, fairness, and enforceability.

Lower taxes boost disposable income, making home loans more affordable and enabling buyers to upgrade or repay faster.

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

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 ...

Different capital assets — such as listed shares, mutual funds, tax-free bonds, debentures, unlisted shares, and real estate ...

The government introduced a new tax regime of lower tax rates in Budget 2020, which continues in FY 2025-26. In Budget 2025, the government pushed for the adoption of the new tax regime of lower tax ...

Union Budget 2025 has proposed to extend updated return filing period to 48 months; understand the rules, benefits, and ...