The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...

Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...

The Income Tax Department has introduced an online calculator for taxpayers to compare their potential savings under the ...

Ans. Earlier the limit of income for nil tax payment was Rs 7 lac. By increasing this limit to Rs 12 lakh around one crore assessees who were earlier required to pay tax varying from Rs 20,000 to Rs ...