For salaried Indians, a higher income offers greater opportunities for saving and investing. However, understanding the tax ...

Salary up to Rs 12.75 lakh is tax-free in the new tax regime. But if one takes benefits of allowances and NPS contribution, ...

The Government of India has introduced a new Income Tax Bill, which aims to simplify the tax on income. It is expected to ...

The proposed Income-Tax Bill 2025 aims to streamline the definition of taxable incomes categorized under the "Salaries" ...

Budget 2025-2026 also announced at tax rebate for those earning up to Rs 12 lakh annually. The Bill removes exemptions and ...

The Union Budget 2025, presented in the Parliament Session on February 1, 2025, introduced major reforms in exemptions and deductions under the new tax regime for the Financial Year (FY) 2025-26 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 ...

New versus old income tax regime post Budget 2025: The new tax regime starting FY 2025-26 offers tax exemption for earnings ...

In the case of EPF, employee contributions generally qualify for a deduction under Section 80C of the Income Tax Act, capped ...

The new bill proposes the application of TDS rules to various types of income, including salaries, professional fees, ...

Finance Minister Nirmala Sitharaman tabled the new income tax bill - which she had mentioned in her Budget speech on February ...