The highest tax rate of 30 percent kicks in when annual income is more than ₹15 lakh in the new tax regime. Additionally, tax ...

The old tax regime offers more deductions and exemptions compared to the new tax regime, making it a preferred choice for individuals who can take advantage of these benefits. Additionally, the Budget ...

Higher Income Brackets: For people with annual incomes above Rs 24 lakh, both regimes apply the same top tax rate of 30%. But ...

Rent income is an assessable head of income under the head 'Income from House Property' of the Income Tax Act, 1961, and ...

Home buying is encouraged by the Indian government with tax relief under certain provisions of the Income Tax Act, 1961, ...

With the ITR filing season for FY 2024–25 officially underway, taxpayers are once again faced with the crucial decision of ...

The financial year 2024-25 is over and the process of filing Income Tax Returns (ITR) has started. This year, the last date ...

“President Trump’s new tariff regime has already had devastating impacts on the economy ... provide economic relief for those ...

It was the absence of income taxation and a hardly noticeable regulatory regime that were the most important policy issues ...

Another way to split your refund is to divide it between short- and long-term savings, assuming you’re not carrying credit ...

Confusion over President Donald Trump's tariffs remains following a weekend of questions around trade in consumer electronics ...

The secretary of AFED, Mr. Oladele Ogundele, called for a uniform tax regime, citing the burden of multiple levies imposed by various government agencies. These, he noted, include personal income ...