The new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...

Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...

Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...

The biggest change is the revised tax slab, which ensures that individuals earning up to Rs 12 lakh annually will not have to pay any income tax ...

In the Budget 2025, Finance Minister Nirmala Sitharaman increased the income tax rebate limit from Rs 7 lakh to Rs 12 lakh in the New Tax Regime. Effectively, individuals earning up to Rs 12 lakh will ...

Workers putting in extra hours will be rewarded under Trump’s proposal, which seeks to exempt overtime pay from taxation, ...

We all know that millions of State Pensioners have now been dragged into the tax net due to the stagnant Personal Tax Allowance.I heard a rumour that HMRC ...

The new Income Tax Bill, which will replace the six-decade old Income Tax Act of 1961, will make direct tax laws simple to ...

It is advocated by the Government that 75% of the assessees have moved to the New Tax Regime, which is not out of love and ...

The highlight of Finance Minister Nirmala Sitharaman’s budget presentation was giving Income tax relief for the middle class.

The bill will not introduce new taxes. Instead, it will focus on simplifying tax laws, reducing legal complexities, and ...

The RBI repo rate cut and the government's income tax relaxation are expected to push consumption in the economy to boost ...