The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...
Tax laws offer plenty of room to reduce the liability of the individual through careful structuring of salary, says Sudhir ...
Experts express concern over collecting taxes from the agri sector, where most transactions are cash-based and nearly ...
The Union Budget 2025 has introduced new income tax slabs, bringing relief to taxpayers. Finance Minister Nirmala ...
In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...
Finance Minister Nirmala Sitharaman has announced important changes for the salaried class in Budget 2025. Under the new tax ...
Sri Lanka's exemption of a luxury tax from cabs was not linked to attempts to give vehicles to members of parliament, Cabinet ...
The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...
Yes, it is. You get a Standard Deduction of Rs 75,000 — but only if you’re salaried or a pensioner choosing the new tax ...
The biggest change is the revised tax slab, which ensures that individuals earning up to Rs 12 lakh annually will not have to pay any income tax ...
In the Budget 2025, Finance Minister Nirmala Sitharaman increased the income tax rebate limit from Rs 7 lakh to Rs 12 lakh in the New Tax Regime. Effectively, individuals earning up to Rs 12 lakh will ...
Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...