Budget 2025 updates tax slabs under section 115BAC, offering zero tax up to ₹12 lakh income with rebate and marginal relief. Old regime remains ...

While filling out your ITR, usually ITR 1 or ITR 2, you'll see a question asking whether you wish to opt out of the new tax regime under section 115BAC (6). You just need to tick 'Yes' or 'No'.

Changes in Income Tax Return (ITR) rules last year are set to impact retail investors, especially those opting for the new tax regime. With limitations introduced under the Section 87A rebate, many ...

The latest version of the bill containing President Trump's second term agenda would hobble the renewable energy industry with a new excise tax, in addition to speeding up the sunsetting of tax ...