Income tax slab for AY 2025-26: Which is better, the old tax regime or the new tax regime?
Finance Minister Nirmala Sitharaman’s Budget 2024 modified income tax slabs, favoring the new tax regime. The old regime, ...
Union Budget 2025: Time ripe for a tax cut for India’s salaried class
A more pronounced slowdown in urban consumption and high food inflation have solidified calls for lowering the burden on India’s salaried class, which could in turn spur demand and boost overall ...
Tax calculation: What LTCG exemptions are available under New Tax Regime? Check details
In both tax systems, Section 112A provides a tax exemption for Long Term Capital Gains (LTCG) of up to Rs 1.25 lakh on ...
Union Budget 2025: What income tax relief did FM Sitharaman offer senior citizens last time; check details
Budget, FM Sitharaman implemented various modifications to the capital gains framework, tax deducted at source (TDS), and ...
Income Tax Budget 2025 Expectations: Taxpayers await relief as FM Sitharaman prepares for February 1 announcement
As the Union Budget 2025, scheduled for February 1, approaches, expectations among salaried individuals for potential income ...
India to Simplify Decades-Old Income Tax Filing Rules in Budget
India’s government plans to simplify its income tax filing rules to make it less tedious for taxpayers to comply with the law ...
The Financial Express18h
Budget 2025: Tax giveaways to target lower brackets
The first slab can be from Rs 4 lakh to Rs 7 lakh instead of Rs 3 lakh to Rs 6 lakh now, and other slabs would get adjusted ...
Budget 2025 Wishlist: Individual taxpayers want tax relief, deductions, slab relaxation on February 1
Income tax payers have a long wishlist, featuring a 30 percent tax slab only for those with incomes over Rs 20 lakh, inclusion of 80C and housing benefits under the new tax regime, and a special ...