95-97% taxpayers will move to New Tax Regime: CBDT chief on zero tax for salary up to Rs 12 lakh
CBDT Chairman Ravi Agrawal the motivation behind the rejig of the tax slabs was to provide substantial relief to the middle ...
devdiscourse17h
Tax Relief and Reforms Promote New Regime Adoption
Finance Minister announced significant tax cuts, raising the exemption limit to Rs 12 lakh, prompting many taxpayers to adopt ...
Crypto assets to face more scrutiny: Transaction detail of to be reported to government by banks, others reporting entities, Budget 2025
Crypto transactions are now to be reported to the Income Tax Department through an method to be notified later. The G20 ...
Tax Guru22h
Union Budget 2025: Exhaustive Analysis of Changes under Income Tax Law
Vide Finance Act 2022, taxation of virtual digital assets (VDA) has been introduced in the Income-tax Act, 1961 (‘the Act’), under section 115BBH of the Act in which the transfer of VDA is to be taxed ...
New vs old tax regime: Which income tax regime to choose, what should save your money? Read this to clear all your income tax confusions
If you are still confused about which tax regime to choose after Budget 2025 proposals, here is how to choose between the old ...