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

Finance Minister Nirmala Sitharaman has announced important changes for the salaried class in Budget 2025. Under the new tax ...

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 ...

Though the major tax relief is likely to be announced for the new tax regime, taxpayers need to know the current deductions available under the old tax regime. Here’s a comprehensive guide to the key ...

The old tax regime offered numerous tax deduction options under various sections that encouraged savings. While the new regime is simpler, it comes with fewer deductions. Insurance penetration remains ...

“The Union Budget 2025 brings the old versus new tax regime debate back into focus, highlighting the need for tailored financial planning. The old regime’s exemptions suit those who prioritise savings ...

I own property in America and I pay American taxes. And I read the new administration’s new tax plan, and it looks like I get a tax cut,” Liu explained in the nearly three-minute video.

The new tax regime, designed with lower tax rates and fewer deductions, aims to simplify the tax process and encourage more taxpayers to opt for it. However, it currently allows fewer tax-saving ...

But now he believes it’s important for the executive department to have new tax bills finally signed into law amid expectations of a slower decline in interest rates at home and abroad.