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

Budget 2025 has introduced several personal finance changes that could significantly impact taxpayers and investors. Here are ...

The main objective of the new income tax bill is to streamline the existing Income Tax Act of 1961 to enhance comprehension ...

The option of choosing any tax regime while filing ITR is available if tax return is ... income from salary and pension income under the new tax regime. Can a family pensioner claim standard deduction ...

he will not have enough deductions. Rahul will be better off in the new regime. If Rahul opts for the new tax regime while Preeti stays in the old one, it makes sense for Preeti to claim the full ...

The new tax regime now offers complete tax exemption for annual earnings up to Rs 12 lakh. Including the Rs 75,000 standard deduction, individuals earning up to Rs 12.75 lakh annually (Rs 1.06 ...

With tax season officially underway, you'll need to know the standard deduction amount you can claim for 2024 ... where she wrote rules for new games. Previously, she worked in the non-profit ...

Tax calculator 2025: The Income Tax Department has introduced a user-friendly tool for taxpayers to compare taxes under the New ... regime, if they are able to utilise all available deductions and ...

The financial landscape is changing, and young Indians are approaching wealth in new ways. Gen Z is rewriting the rules with a focus on flexibility, high-growth investments, and a digital-first ...

New York state has nine income tax rates, ranging from 4% to 10.9%. Tax credits and deductions, filing status and residency status can influence what you pay. Many, or all, of the products ...