Under the new tax regime, income up to ₹7.75 lakh is currently tax-free. Raising this limit to ₹10 lakh would provide ...

A tax rebate is available on income up to Rs 7 lakh under the new tax regime and up to Rs 5 lakh under the old regime ...

BankBazaar CEO Adhil Shetty recently proposed key tax reforms, including raising the highest tax slab to Rs 18 lakh, ...

Experts demand 87A tax rebate increase, accessible home loans, income tax slabs linked with inflation and others from the FM.

The income tax system in India operates through a progressive slab structure. The amount of tax an individual pays is ...

GTRI recommends raising the income tax exemption threshold to Rs 5.7 lakh to match inflation and simplify the TDS system.

GTRI recommends increasing the income tax exemption threshold to Rs 5.7 lakh, simplifying the TDS system, and equalizing tax ...

Understanding income tax slabs is critical for efficient tax planning and achieving financial goals. The government offers ...

“Currently, those with income up to ₹ 5 lakh do not pay any income tax in both old and new tax regimes. I propose to increase ...

NPS contributions of up to Rs 50,000 to the National Pension System (NPS) under Section 80CCD(1B) qualify for deductions only ...

With GDP growth projected at 6.4 per cent — the slowest in four years — the government is banking on middle-class spending to ...