For high earners, the new tax regime generally offers more savings, but those with significant deductions may still prefer ...

New tax regime benefits individuals earning 12-24 lakh rupees annually, saving up to 1.1 lakh rupees in income tax.

The new Income Tax Bill introduced on February 6, aimi to replace the outdated 1961 law with a simplified system tailored for ...

Be it tax reforms under the new tax regime or exempting second property from tax for notional rental income are some of the key announcements made by Finance Minister Nirmala Sitharaman.

Finance Minister Nirmala Sitharaman has made the new tax regime more attractive by making income up to Rs 12 lakh tax-free in ...

From infra and agriculture to manufacturing and revised tax slabs, here are the detailed takeaways from the Union Budget ...

After providing a big relief to the Indian middle class in the Union Budget 2025-26, the government is all set to present a new Income Tax Bill this week which would further simplify the entire ...

Ravi Agarwal, Chairman of the Central Board of Direct Taxes, says Income Tax Act simplified by 50% in new draft bill with ...

India's Union Budget 2025-26 introduces several revisions to taxation policies, besides provisions for focus industries and ...

The Union Budget 2025–26 is crafted as a bold statement of fiscal consolidation and long-term structural reforms, with the government maintaining the fiscal deficit at 4.4 per cent for FY26 while ...

The old tax regime remains unchanged. 'Taxpayers opting for it will continue to follow the existing slab rates and deductions ...