In the new income tax regime, a salary of ₹14.65 lakh can result in zero tax liability through strategic deductions. Here is ...

Income Tax Slabs FY 2025-26 after Budget 2025: Finance Minister Nirmala Sitharaman announced that taxpayers will not have to ...

Filing an ITR is crucial not just for compliance, but also to take advantage of available tax rebates and avoid penalties.

According to one expert, the benefits of reduced tax slab rates in the new regime far outweigh the practical hassles of ...

The Budget 2025 has raised the threshold of rebate available under Section 87A from Rs 25,000 to Rs 60,000. The basic income ...

Tax preparation companies define simple returns differently, but most free filing services are limited to basic Form 1040 ...

Will her new state pension be higher than her now reduced personal tax allowance, and if so how will HMRC recover tax from ...

Treat tax planning as an ongoing process rather than a one-time activity to avoid last-minute jitters for saving on taxes.

It is important to note that this zero tax liability only pertains to the new tax regime that has been in place as the ...

Martin Lewis has urged Brits to act quickly if they want to take advantage of the Marriage Tax Allowance scheme, which could ...

Basic personal amount would increase, and small biz tax rate would drop while threshold would increase to $700K ...

With an improved contribution framework and tax benefits, the new NPS rules mark a pivotal shift in how government employees ...