By extending the rebate under Section 87A to an income of up to ₹12 lakh, Budget 2025 introduced a substantial relief to the ...

The new measures will play a significant role in creating a fair and equitable system of direct taxation that ensures no ...

Tax experts explain that Form 10-IEA is mandatory for taxpayers with business or professional income, particularly those filing under ITR-3 or ITR-4.

The Finance Act, 2025, has provided substantial relief under the new tax regime with new slabs and tax rate, the Parliament ...

The Income Tax Bill, 2025, which was introduced in the Lok Sabha on February 13 to replace the existing Income Tax Act, 1961, ...

If you decide to opt for the new tax regime under Section 115BAC, you should look at your income profile, available ...

As India’s ITR 2025 filing season peaks, freelancers face stricter compliance and tailored deduction rules compared to salaried employees. From income classification to expense claims, understanding ...

"The current Income Tax Act of 1961 has undergone more than 4,000 amendments and contains over 5 lakh words. It has become ...

The new version will keep the original intent of simplification while adding clarity to avoid any ambiguity. A central objective is to reduce disputes over interpretation and organize scattered tax ...

The White House is portraying Friday's launch of President Donald Trump's new tariffs regime as a testament to his ...

President Donald Trump says the United States and India are still negotiating on trade despite new tariffs slated to begin in ...