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

In Budget 2025, Finance Minister Nirmala Sitharaman is expected to retain the dual tax system, offering taxpayers the choice ...

In addition, most CEOs said the central government should consider hiking standard deduction further under the new tax regime ...

A 25% tax rate for income between Rs 25 lakh and Rs 30 lakh, while retaining the 30% rate for income above Rs 30 lakh, could ...

“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 ...

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

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

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 ...

The run-up to Budget 2025 has raised expectations of the middle class that the government is likely to give some relief on ...

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

While the current regime offers concessional tax rates and restricts the ability to claim the majority of exemptions and ...