Finance Minister Nirmala Sitharaman implemented changes to the slabs, rates, and rebates under the New Tax Regime to ...

Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...

With the proposed changes, NPTR will now become far more appealing for individuals as it would mean availing beneficial tax ...

Crypto transactions are now to be reported to the Income Tax Department through an method to be notified later. The G20 ...

Vide Finance Act 2022, taxation of virtual digital assets (VDA) has been introduced in the Income-tax Act, 1961 (‘the Act’), under section 115BBH of the Act in which the transfer of VDA is to be taxed ...

The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...

Finance Minister Nirmala Sitharaman announced new tax slabs in the new tax regime 2025, so there will be no income tax for ...

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

These patterns suggest that the absence of deductions in the new tax regime is discouraging long-term savings and financial protections, leaving households vulnerable to economic shocks. A flat ...

Following the tax reforms in the country, United Bank for Africa (UBA) Plc is set to host a Knowledge Series webinar specifically dedicated towards informing and educating small and medium ...

The budget aims to boost spending and drive economic growth. With more people moving to the new tax regime, the government is expected to introduce changes to make it more appealing. The new regime is ...

Will the NPS Deduction Under Section 80CCD(1B) Be Included in the New Tax Regime? Experts believe that the inclusion of the NPS deduction under Section 80CCD(1B) in the new tax regime could encourage ...