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, ...

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

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

This comes in the backdrop of Finance Minister Nirmala Sitharaman raising the tax-rebate threshold from ₹7 lakh to ₹12 lakh ...

The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, introduced several key changes to the income tax ...

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

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

Perquisites and Profits in Lieu of Salary are important components of taxable income under the Income Tax Act of 1961. These ...

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

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

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 ...