CBDT Chairman Ravi Agrawal the motivation behind the rejig of the tax slabs was to provide substantial relief to the middle ...

Finance Minister announced significant tax cuts, raising the exemption limit to Rs 12 lakh, prompting many taxpayers to adopt ...

Crypto transactions are now to be reported to the Income Tax Department through an method to be notified later. The G20 ...

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 ...

The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...

Within hours of finance minister Nirmala Sitharaman's announcement of tax concessions for the middle class and a second package for Bihar, .

The Supreme Court newly empowered the judiciary in reviewing agency regulations. What difference will it make for the tax ...

Budget 2025 has raised the threshold for tax deducted at source and removed conditions on declaring a second house as self-occupied for tax purposes. The changes on TDS will benefit senior citizens.

Finance Minister Nirmala Sitharaman in Budget announced new tax slabs in the new tax regime 2025, making it so that there is ...

During the presentation of the Union Budget 2025, Finance Minister Nirmala Sitharaman announced that a new income tax bill ...