As the government’s revenue from personal income tax rises, it will likely face greater scrutiny and higher taxpayer expectations regarding the tax system's efficiency, transparency, stability, and ...

Introduction: The Budget, 2024 has introduced significant changes to individual income tax slabs, making the new tax regime more appealing. While the new regime offers fewer deductions and exemptions, ...

India now offers two tax regimes for salaried employees: the new and the old. While the new regime promises simplified tax ...

Another not unusual mistake is using the incorrect tax fee form (Challan) while making the income tax fee. For instance, people the usage of wrong Challans for TDS, self-assessment tax, increase tax, ...

Taxpayers can avail various deductions and exemptions available under the old tax regime, while there are no such benefits ...

The upcoming Union Budget 2025-26 is set to simplify India’s Income Tax Act, by streamlining tax filing processes, reducing ...

The scheme aims to invest in arbitrage opportunities between spot and futures prices of traded equities and within ...

Restoring the 30 per cent cap on the highest tax slab would encourage more individuals to report their income accurately, ...

Kurian Jose, chief executive of Tata Pension Fund, explains pros and cons of NPS Tier-2 funds for building a retirement ...

Angel Tax Wipro Budget news New Income tax slab IPO News Advisory Alert: It has come to our attention that certain ...

In the old tax system, the Income Tax Department offered tax benefits on home loans under the Income Tax Act of 1961. But ...

In India, certain gifts are subject to taxation under specific circumstances. Understanding these rules is crucial to avoid ...