While the new regime has fewer levers, there are still legitimate strategies available to reduce tax liability. When Budget ...

By extending the rebate under Section 87A to an income of up to ₹12 lakh, Budget 2025 introduced a substantial relief to the ...

Tax experts explain that Form 10-IEA is mandatory for taxpayers with business or professional income, particularly those filing under ITR-3 or ITR-4.

The Income Tax Bill, 2025, which was introduced in the Lok Sabha on February 13 to replace the existing Income Tax Act, 1961, ...

India's Income Tax Act simplification is a major government initiative, with the draft Income Tax Bill 2025 aiming to ...

Before choosing a regime, consider your income, pay structure, and tax-saving investments. Salaried individuals with minimal ...

Salaried employees or pensioners without business income can change their tax regime at any time prior to filing their ITR ...

Many believe that under the new tax regime, there is no tax on income up to Rs 12 lakh. However, this change will only take ...

The new version will keep the original intent of simplification while adding clarity to avoid any ambiguity. A central objective is to reduce disputes over interpretation and organize scattered tax ...

The Income-Tax Bill, 2025, introduced in Lok Sabha on Feb. 13 to replace the Income-Tax Act, 1961, has been formally ...

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

President Donald Trump says the United States and India are still negotiating on trade despite new tariffs slated to begin in ...