Earners up to ₹12 lakh now have zero tax liability thanks to revised tax slabs and rebates. But confused about how to ...

(NewsNation) — The U.S. tax code may be notoriously complex, but understanding some basic terms can help you breeze through your tax return in no time. According to the Tax Foundation’s 2024 ...

For example, if you’re currently in the 24% tax bracket, converting a large sum might push you into the 32% or 35% tax bracket, significantly increasing your tax liability. Example Strategy ...

The old tax regime, which remains unchanged in the 2025 Budget, allows taxpayers to claim various exemptions such as House Rent Allowance (HRA), deductions under Section 80C (like for life insurance ...

Are you left scratching your head about the changes in tax slabs in the new regime announced in Union Budget 2025? Wondering ...

The government has revised the tax structure under the new regime with Finance Minister Nirmala Sitharaman announcing that ...

Ans. Earlier the limit of income for nil tax payment was Rs 7 lac. By increasing this limit to Rs 12 lakh around one crore assessees who were earlier required to pay tax varying from Rs 20,000 to Rs ...