Corporate NPS contribution, employers’ contribution to EPF and tax breaks on housing loan interest in the case of let-out ...

The new tax regime, introduced to simplify taxation with lower rates, comes with a trade-off: fewer deductions. However, for ...

When the income tax exemption limit was increased to Rs 12 lakh under the new tax system in Budget 2025, lakhs of salaried people heaved a sigh of relief. Compared to the old system, this new system ...

All the major changes announced in Budget 2024 - rejig of income tax slabs under the new regime and rationalisation of ...

Adopting the new tax regime by default while filing your Income Tax Return (ITR) for FY 2024–2025 seems to be the easiest ...

While the new regime has fewer levers, there are still legitimate strategies available to reduce tax liability. When Budget ...

Taxpayers filing tax returns for FY25 should be aware of the new income tax slabs and capital gains tax structure brought in ...

Learn how to file ITR 1 Sahaj online for FY 2024-25 under India’s New Tax Regime. A simplified stepwise guide covering ...

Gold, debt, and other capital assets see their holding period for LTCG classification drop from 3 years to 2, with a unified ...

The new tax laws recently assented to by President Bola Tinubu would accelerate economic development and drive inclusive growth. A think-tank, Independent Media and Policy Initiative (IMPI ...

By extending the rebate under Section 87A to an income of up to ₹12 lakh, Budget 2025 introduced a substantial relief to the ...