In the Budget 2025, Finance Minister Nirmala Sitharaman increased the income tax rebate limit from Rs 7 lakh to Rs 12 lakh in ...

Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...

Representatives of small and medium-sized businesses gathered for the fifth time in recent weeks for a protest in front of ...

With the proposed changes, NPTR will now become far more appealing for individuals as it would mean availing beneficial tax ...

Crypto transactions are now to be reported to the Income Tax Department through an method to be notified later. The G20 ...

Download and save the PDF to your computer Open the downloaded PDF in Acrobat Reader 10 or later The t2200 form must be completed by employers in order for their employees to deduct employment ...

Budget 2025 has raised the threshold for tax deducted at source and removed conditions on declaring a second house as self-occupied for tax purposes. The changes on TDS will benefit senior citizens.

Finance Minister Nirmala Sitharaman announced new tax slabs in the new tax regime 2025, so there will be no income tax for ...

At the heart of the confusion lie two terms: rebate and marginal relief. Simply put, a rebate is a deduction that eliminates tax liability for individuals earning up to ₹12 lakh. On the other hand, ...

Section 194 of the Act requires that the principal officer of an Indian company or a company which has made the prescribed ...