Finance Minister Nirmala Sitharaman implemented changes to the slabs, rates, and rebates under the New Tax Regime to ...

After months of veterans and community members showing up at Town Council meetings to support the continued use of the ...

This is the second article in Womble Bond Dickinson’s Energy & Natural Resources thought leadership series titled “Going ...

Finance Minister Nirmala Sitharaman gave a big relief to the general public in the budget. She made annual income up to Rs 12 ...

The government introduced a new tax regime of lower tax rates in Budget 2020, which continues in FY 2025-26. In Budget 2025, the government pushed for the adoption of the new tax regime of lower tax ...

Budget 2025 increases rebate, no tax liability up to ₹12 lakh; answers on rebate, exemptions, deductions in income tax.

Central Board of Direct Taxes (CBDT) has clarified that marginal relief applies to incomes up to Rs 12.75 lakh. This means ...

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

A fintech enthusiast's X post claiming that anything less than Rs 60 lakh per annum is "poor" has sparked a discussion online ...

A deadline had been set for 5 pm ET last Friday, January 31, for removal of this material. Asked if government websites would ...

The Delhi High Court found that the reassessment notice under Section 148 issued for the assessment year 2016-17 was indeed time-barred, as the prescribed limitation period had expired on 31.03.2023.

“For a person earning Rs 12,10,000, in the absence of marginal relief, the tax would amount to ₹61,500 (5% of ₹4 lakh + 10% ...