The new income tax bill received clearance from Union Cabinet last week. Soon, the FM will likely table the same in the ...

The Union Cabinet is expected to approve the new Income Tax Bill today, potentially leading to its introduction in the Lok ...

Save more tax in old tax regime by claiming up to Rs 8.5 lakh tax deductions for a salary income up to Rs 25 lakh. Moreover, ...

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 ...

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 NDA government has implemented a range of incentives lately to promote the acceptance of the new tax regime. However, the ...

The Finance Minister said that she has no plans to scrap the old tax regime. "I don't have any proposal to shut it down," said Finance Minister Nirmala Sitharaman on plans about old tax regime.

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

The 2023 Union Budget declared the new tax regime as the default option, but taxpayers can still opt for the old regime if preferred. So, which option is better? The answer largely depends on your ...

Given the recent amendments to the National Pension System (NPS) provisions in the Budget 2024, the attractiveness of the Old Tax Regime versus the New Tax Regime might be evaluated as follows ...