Even if there were, one can assume the net taxable income factors in these deductions while using the table and chart below.

For a Rs 10 lakh income, the new tax regime saves Rs 25,900 in taxes. However, the old regime benefits more if deductions are ...

MADISON – The ranking of Wisconsinites' income paid in state and local taxes hit an all-time low compared to other states in ...

Goods and Service Tax and changes in development of country after it’s effectuation. Introduction: Prior to the enactment of ...

Experts said that key areas of discussion for the GST Council will include potential exemptions or reduced GST rates for ...

In the event that the RBI decides to lower interest rates in December, this could be an opportune time for investors to lock in higher returns on fixed deposits ...

CA Suresh Surana highlights elements of law relevant to individuals, focusing on optimising tax outgo through deduction, ...

Learn about crypto tax in India, including the latest regulations, tax rates, and how crypto transactions are taxed, to ...

The FY2022-23 Budget introduced a flat tax rate of 30% on gains from Virtual Digital Assets (VDAs) or crypto assets, ...

FICCI said the government should streamline the TDS payment structure by implementing three main rate categories: TDS on ...

President-elect Trump promised a slew of tax breaks for the middle class. Can he keep those promises and if so, at what cost?

ASSOCHAM also called for the decriminalisation of certain TDS defaults, emphasizing the severity of current provisions. It ...