After the presentation of the Union Budget 2024, Finance Minister Nirmala Sitharaman addressed concerns surrounding the old ...

The last Union Budget did not make changes to the old tax regime but introduced modifications to the new tax regime to make ...

To give individual taxpayers more savings under the new tax regime, the government changed the income tax slabs. The ...

Under the old tax regime, this limit will be unchanged at 10 per cent for ... result in penalty of up to Rs 10 lakh under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax ...

The 2024 income tax reforms introduces revised tax slabs, higher deductions, and simplified TDS and capital gains rules, ...

July 2024 steps will shape tax deductions and exemptions that can be claimed when filing an Income Tax Return (ITR) in July ...

Under this regime, income above ₹10 lakh is taxed at 30%. NTR, introduced in 2020, comes with lower tax rates but doesn't ...

Although the typical deductions for investment in the tax-saving instruments such as PPF, ELSS, KVP and NSC, have been phased ...

The Indian government may cut income tax rates in Budget 2025, potentially benefiting individuals earning up to ₹15 lakh ...

A recent report has stated the Centre is contemplating a reduction in income tax for individuals earning up to Rs 15 lakh per ...

As per the Reuters report, the government may announce tax relief for taxpayers in the budget to be presented on February 1, ...