Indiatimes5d
ITR filing with latest income tax slabs post Budget 2025: Will taxpayers with income below Rs 12 lakh have to file tax return?
Income Tax Slabs FY 2025-26 after Budget 2025: Finance Minister Nirmala Sitharaman announced that taxpayers will not have to pay tax for income up to Rs 12 lakh from FY 2025-26. The basic income ...
Indiatimes25d
Budget 2025 income tax new versus old regime: Top 7 expectations of taxpayers from FM Sitharaman
Budget 2025 income tax expectations: While it is well known that new income tax regime is simplified tax regime without tax exemptions and deductions but still to make the rest of the 28% filing ...
The Financial Express5d
No refund for late ITR filings under new income tax bill? I-T Department issues this clarification
The new Income Tax Bill 2025 does not alter the current rules for claiming refunds. (Freepik) One of the primary concerns generated by the release of the new Income Tax Bill 2025 is whether late ...
Mint22d
Income Tax Calculator: Compute your tax under old and new regimes here
For instance, if your income is ₹11 lakh per annum, it will be taxed at 15 percent in the new tax regime unlike 30 percent in the old tax regime. Likewise, an income of ₹9 lakh is taxed at 10 ...
The Free Press Journal25d
Mumbai: Income Tax Department Conducts Raids On IIFL Group Offices Over Alleged Tax Evasion
The Income Tax (I-T) Department conducted raid and search operations at the offices of wealth and assessment management services group 360 ONE WAM (formerly IIFL Wealth) early Tuesday morning ...
moneycontrol.com19d
Tax department no longer adversarial, has a participative approach: CBDT chief Ravi Agrawal
The income tax department has adopted a more participative approach and is no longer an adversarial department, said CBDT chairman Ravi Agrawal at a FICCI event on Monday. Highlighting the ...
moneycontrol.com22d
Income Tax Slabs 2025: No income tax upto Rs 12 lakhs, check new income tax regime AY 2025-26 here
Under the current income tax laws, individuals who do not have any business income are required to make a choice between the new tax regime and the old tax regime at the beginning of each ...
Business Today23d
Received a message about Section 80GGC deduction from the Income tax department? Here's what to do
By addressing the issue early, you can avoid penalties and additional scrutiny from the Income tax department.
The Financial Express29d
Income Tax Rules: 5 major changes in the last 6 months every taxpayer should know!
This year again, expectations are high for more taxpayer-friendly reforms, including potential tweaks in income tax ... by making the new tax system more attractive, the tax department is ...
NDTV21d
Budget 2025 Live: New Income Tax Slabs - How Much Do You Save?
Under the new regime, there is no tax on income up to Rs 12 lakh, and no tax on income up to Rs 12.75 lakh for salaried people, due to the standard deduction of Rs 75,000. Follow Union Budget 2025 ...
Yahoo Finance18d
What is withholding tax?
That’s because your employer withholds some money from each paycheck in the form of withholding taxes, which help pay your income tax bill throughout the year. It’s important to understand how ...
Mint21d
Budget 2025: Nirmala Sitharaman announces rejig of income tax rates — Here’s how slabs have changed under new tax regime
“Slabs and rates are being changed across the board to benefit all taxpayers. The new structure will substantially reduce the taxes of the middle class and leave more money in their hands ...