Switching between the Old Regime and the New Regime is possible for individuals, allowing their annual tax regime to ...
Summary: Budget 2025 introduces significant changes to income tax slabs under the new tax regime for individuals. Key highlights include tax-free income up to ₹4,00,000, and progressive tax rates ...
“In case you are opting for new tax regime, you won’t be eligible for ... are not allowed,” said CA Pratibha Goyal, partner, PD Gupta and company, a Delhi-based CA firm.
Shares of major insurance companies like HDFC Life, SBI Life and others plunged after Finance Minister Nirmala Sitharaman, ...
Income Tax Slabs – AY 2025-26: Most taxpayers, especially those earning up to ₹25 lakh, will benefit from new regime exempting incomes up to ₹12L from tax. Union finance minister Nirmala ...
One of the long-standing demands from the life insurance sector is a separate tax exemption window outside of Section 80C.
In terms of GST-specific amendments, Budget 2025 also focused on pre-deposit amounts for GST appeals, reducing penalties for E-way bill violations and introducing a 10% penalty for other infractions.
Russia will enforce cryptocurrency tax laws in 2025, introducing income and corporate taxes on crypto earnings and mining.
Finance Minister Nirmala Sitharaman announced new tax slabs in the new tax regime 2025, so there will be no income tax for ...