For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower ...

Similarly, it raised tax slab rates for salaried individuals and pensioners as follows: 5% for taxable income of INR 4 lakh to INR 8 lakh, 10% for INR 8 lakh to INR 12 lakh, 15% for INR 12 lakh to ...

The Union Budget 2025-26 has revised the tax slab rates for salaried individuals and pensioners as follows: 5% for taxable income of INR 4 lakh to INR 8 lakh, 10% for INR 8 lakh to INR 12 lakh ...

The earned income tax credit and additional child tax credit are “refundable,” meaning filers can claim a refund without tax ...

He speaks about the new tax regime, complex provisions that exist in the law and his expectations from the new Income Tax Law which will be introduced in the Parliament soon. He lauds Budget 2025 ...

REVISION OF INCOME TAX SLABS The government has proposed revisions to the tax slabs under the new regime: 0-4 lakh rupees: Nil Budget 2025 has increased the limit for tax deduction on interest from Rs ...

This income is taxed according to the individual taxpayer's applicable income tax slab rates. It's essential to be aware that banks or financial institutions deduct tax at source (TDS) on interest ...

Accredited investors can become the landlord of Walmart, Whole Foods or Kroger — and benefit from regular distributions ...

More trouble brewing for BeerBiceps as Standing Committee on Information Technology is likely to issue a notice. Stay tuned with Mint to know what happens next ...

The woman falsified proofs of remittance and final income tax return forms for her clients. Though she took about 30 percent of the income tax return refund of each client as a commission fee ...

Perplexity AI is hosting a Super Bowl sweepstakes that offers a $1 million prize for asking questions during the game.