Tax saver deposits, popular for Section 80C deductions, face challenges due to their 5-year lock-in period, lackluster returns, and tax on interest earnings. Despite high interest rates in the market, ...
The countdown for the union budget has officially begun as we enter the new year. As Finance Minister Nirmala Sitaraman will ...
The Union Budget 2025-26 is anticipated to bring potential income tax relief, especially for individuals earning up to Rs 15 ...
Choosing between the New and Old Tax Regime depends on an individual’s financial profile. The New Tax Regime is more suitable ...
The year 2024 has brought in significant changes to India's personal income tax structure, with multiple reforms announced in ...
In July this year, many new income tax rules were introduced in the Union Budget 2024. These changes have come into effect ...
The 2024 Union Budget reformed India’s income tax system, introducing new tax slabs and increased standard deductions. These ...
Council, led by Finance Minister Nirmala Sitharaman, clarified the different taxation on salted and caramel popcorn.
Congress should scrap itemized deductions and enact a flat personal and corporate rate of 15%.
During its 55th meeting, the GST Council clarified that tax treatment for popcorn would depend on its flavour and the way it ...
With Budget 2025 approaching, debates intensify over the potential scrapping of the Old Tax Regime amidst tax reforms.
Within the old tax slab, people with the income up till ₹2,50,000 are not taxed anything. Till ₹5,00,000 they are taxed 5%, ...