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Income Tax: You will not have to pay even a single rupee tax on income of Rs 17 lakh, taxpayers should know this important thing..
Finance Minister Nirmala Sitharaman gave a big gift to the taxpayers in the Budget 2025-26. Annual income up to Rs 12 lakh ...
Income Tax Calculations: What will be your tax liability on salary of Rs 7.50 lakh, Rs 15 lakh, Rs 22.5 lakh or Rs 30 lakh in old, new tax regimes?
Do you follow the new tax regime or the old tax regime? Will you switch to the proposed new tax regime once it is implemented ...
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Income Tax Rebate: According to the data presented by the government, the government has given a tax exemption of Rs 8.7 lakh crore to individuals and HUF i…
The central government has given a total rebate of Rs 8.7 lakh crore to taxpayers falling in the category of Individuals and ...
New Income Tax Bill: Select Committee meets in Parliament
The new Income Tax Bill 2025 aims to simplify tax laws, modernize definitions, and clarify taxation policies for individuals, ...
New TDS rules from April 1, 2025: Check new tax deduction limits for FD interest, MFs and lottery wins
Finance Minister Nirmala Sitharaman's Union Budget 2025 introduced significant modifications to TDS regulations. The changes ...
Income Tax Calculations: What will be your income tax on incomes of Rs 7 lakh, Rs 14 lakh, Rs 21 lakh, and Rs 28 lakh in old and new tax regime
The financial year 2024-25 is about to close. Taxpayers can file their income tax return as per the existing new tax regime ...
This is the only tax-free state in India where residents earn in crores without paying income tax
Sikkim is the only tax-free state in India, where residents enjoy complete income tax exemption under Article 371(F) and ...
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Income Tax Bill 2025: Simplifying Tax Laws for the Digital Era
The Select Committee of the Lok Sabha is reviewing the Income-Tax Bill 2025, led by BJP MP Baijayant Panda. This bill aims to update tax laws with simplified language and modern terminology, covering ...
ITR filing 2025: Not Rs 12.75 lakh, this is the tax-free income for AY2025-26; check details
In the AY2025-26, taxpayers should note that the tax rebate was introduced in the new tax regime. Individuals with an income ...
Asian News International on MSN4d
Claims that new powers being introduced in new income tax bill incorrect: Sources
Sources in the Central Board of Direct Taxes (CBDT) have sought to clear the air after some concerns were raised that Income ...
Will Sitharaman's tax relief for middle class dent insurance cos' profits?
The Modi government has announced significant tax cuts in its new budget, focusing on the middle class. Finance Minister ...