Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...

The new income tax law, which will replace the six-decade-old Income Tax Act, is expected to be introduced in the Lok Sabha next week, according to Finance Minister Nirmala Sitharaman's statement on ...

The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...

Income tax on cryptocurrency transaction. After Budget 2025 there is no change in taxation of cryptocurrencies as they ...

Among the most significant announcements was the introduction of a New Income Tax Bill, set to be tabled this week ...

Summary: Effective from September 1, 2024, the Budget 2025 amendments introduce block assessment procedures for search cases under Sections 158B to 158BI of the Act. A block period now includes six ...

High-income households and profitable corporations would grow even wealthier under Republican proposals for trillions of ...

The Budget 2025 introduces significant reforms in personal income tax, aimed at providing relief to middle-class taxpayers ...

Not all your incomes qualify for the rebate benefit under Section 87A. Income from capital gains, lotteries, and other categories taxed at special rates remains ineligible for the rebate, leaving many ...

India’s 2025 budget cuts taxes to boost spending, but can it offset slowing growth amid inflation, weak demand, and global ...

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