These slabs apply to individuals, Hindu Undivided Families (HUFs), and associations, and are updated periodically to reflect ...

LIVE: The document provides an insight into the performance of the Indian economy so far, with detailed insights into the health of various sectors.

HARMONISING the provincial agriculture income tax regimes with federal personal and corporate income tax rates is ...

Taxpayers are keenly awaiting possible reductions in tax rates and increased exemption limits, amid ongoing high inflation and shifting consumption trends ...

Budget 2025 is anticipated to provide tax relief for salaried individuals. Proposals include raising the tax-free income limit to ₹10 lakh and simplifying tax slabs to enhance disposable incomes.

Senate Finance Committee members will introduce legislation to stop companies from deducting or claiming credits on taxes paid to Russia.

Anyone earning Rs 2.5 lakh or more in India must file an ITR. This rule applies to everyone, not just high-income earners.

Tax planning done right can reduce your tax liability by up to 26%. Most people don’t know about the tax-saving opportunities they can use. A tax planner India helps you tap into these savings. The ...

Union Budget could simplify the tax regime, focusing on areas like better taxpayer experience, tangible benefits from taxes, ...

Also Read: Union Budget 2025: Will Nirmala Sitharaman Slash Tariffs, End Protectionism, Crony Capitalism To Empower MSMEs?

The new tax regime was first introduced in Union Budget 2020-21 by inserting a new section, 115BAC, in the Income Tax Act for ...

Will Budget 2025 merge India's income tax regimes? Former finance secretary Subhash Garg advocates for a unified system to ...