With income up to Rs 12 lakh now eligible for a rebate under Section 87A, many senior citizens may end up paying zero tax ...

As the new regime becomes the default, here’s how both systems compare on tax rates, deductions and overall savings.

Tax-payers opting for old tax regime can claim deduction on education expenses such as tuition fees, preventive health ...

The relevant tax authority shall only assign outstanding tax debts to a third party where all legal steps for tax debt ...

New Delhi, July 30 (IANS): The Income Tax Department on Wednesday informed that it has enabled online filing of income tax ...

Despite the pressure building from the Left of the Labour Party for a new wealth tax, there is no chance it will get past ...