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'.

WASHINGTON – President Donald Trump's big tax bill has passed the U.S. Senate, teeing up major changes to Medicaid and food stamps, extended income tax cuts, and new tax cuts for corporations ...

G7 Backs Plan for ‘Side-by-Side’ Tax System to Avoid U.S. Fight American companies will be exempt from penalties related to a 2021 global minimum tax deal that President Trump opposes.