"By virtue of the rebate only taxpayers with incomes up to Rs 12 lakh under the new regime would not have to pay any tax ...

As regards personal income tax (PIT), 8.1 crore income tax returns (ITRs) were filed in FY24, a mere 6% of our total population. Assuming there is only one taxpaying member in each family, which of ...

Meanwhile, you can use this Income Tax Calculator to find out which regime suits you more in view of the exemptions you are entitled to and the tax slab you fall under. Here we give a lowdown on ...

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

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance ... wichayada suwanachun / Getty Images Tax-exempt interest is a type of income that is not subject ...

The standard VED fee for cars built after 2017 is set to rise with annual costs jumping to £195 per annum. Electric and ...

The new tax regime has changed how we think about saving for retirement. NPS and EPF both play a crucial role, but are they ...

Finance Minister Nirmala Sitharaman implemented changes to the slabs, rates, and rebates under the New Tax Regime to ...

If you're currently receiving or soon will be receiving Social Security retirement benefits, here's what to know about which ...

New Tax Regime: The proposals in the Union Budget for the new tax regime include full exemption for individuals earning up to Rs 12 lakh per year. The tax slabs have been extended, with a new 25 ...

The total revenue impact of major tax incentives for Individual/HUF taxpayers for last five years is Rs 8,69,907.40 In comparison, the total revenue impact of major tax incentives for corporate ...

Here are the states that have an inheritance tax, who is exempt from paying ... but many fundraisers are personal. Learn more about the IRS rules. If you’re a business owner, don’t overlook ...