Pay Advance Tax, if Required – If the total tax liability exceeds Rs. 10,000 (after considering deductions and rebates), the ...

New tax regime revised slab rates which came into effect on April 1, 2025, made income up to Rs 12,00,000 tax-free for ...

Under the new income tax regime, taxpayers can now avail of a standard deduction of up to Rs 75,000, which makes an annual ...

Many individuals are confused about whether income tax rules allow a taxpayer to choose any tax regime during the income tax ...

Act 2024 has brought forth Section 194T, which makes it a compulsion to pay 10 per cent TDS on payments surpassing Rs 20,000 during financial year made by firms to their partners as salary, ...

With revised tax slabs and higher rebates, financial advisors should guide clients in evaluating which tax regime best suits ...

Due to an error in Budget 2025, a salaried employee may not be able to avail of the standard deduction of Rs 75,000 from ...

The provisional net direct tax collections are 100.78 per cent as per the July receipt budget target (Rs 22.07 lakh crore) ...

The Income Tax Department has updated the ITR-3 Form for AY 2025-26, introducing a 1% TDS rate for e-commerce operators and ...

The Senate on Thursday passed the final two of four critical tax reform bills, signaling the near completion of President ...

The Central Board of Direct Taxes (CBDT) has recently released significant updates to the ITR-6 form for the Assessment Year ...