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Minimum threshold of deductions at which it is rational for taxpayers to opt for old tax regime is ₹4 lakh, and not anything ...
Salaried individuals earning up to ₹12 lakh may find the new tax regime easier, but it isn’t always cost-effective. Experts ...
Taxpayers now have until September 15, 2025, to file their ITR for FY 2024-25, following a 45-day extension. Here are the tax ...
Chartered Accountants have raised concerns about the denial of Section 87A tax rebates to eligible taxpayers with special ...
The Lok Sabha on Monday passed the Income Tax Bill, 2025, marking a significant step towards replacing India’s six-decade-old ...
Companies that have opted for the new concessional tax regime can now also claim deductions under Section 80M for dividends received from other companies.
With the income tax return (ITR) filing date extended to September 15, taxpayers have more time to decide whether to choose the old or new tax regime.
Derek Scissors, senior fellow and China expert at the conservative American Enterprise Institute, expressed concern about the ...
The state’s attorney general, Letitia James, has emerged as a North Star in the chaos of the second Trump administration.
Aimed at making tax planning and income tax return (ITR) filing simpler, smarter, and more affordable for the people of India, the new feature has been developed in partnership with TaxBuddy, an ...