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Hosted on MSNNew Tax Regime: There are 3 deductions available in the new tax regime, but people know about only one...The Government of India has introduced the New Tax Regime to simplify personal income tax. Out of the total 7.28 crore income ...
With 72% of taxpayers now opting for the New Tax Regime, it's important to understand the deductions available under this ...
It is important for the taxpayers to invest in tax-saving instruments prior to March 31 to be able to avail income tax ...
The Income Tax Department has introduced an online calculator for taxpayers to compare their potential savings under the ...
China’s smaller, independent oil refineries are getting squeezed by a stricter tax regime, which could accelerate shutdowns in the embattled sector.
Old tax regime to continue along with new one, tax tabulation for FY25 to be done under existing Act
New Income Tax Bill retains provisions from 1961 Act, offers flexibility, transparency, and aims to simplify tax laws.
Consultation on the tax settings for charities and not-for-profits should ask more questions about the donation tax credit, ...
The Income Tax Bill 2025, a document of 622 pages comprising 536 sections and 23 chapters, is anticipated to be introduced in ...
In Budget 2025, Finance Minister Nirmala Sitharaman proposed new tax regime income tax slabs. Once the slabs come into effect ...
The Union Budget 2025, presented in the Parliament Session on February 1, 2025, introduced major reforms in exemptions and deductions under the new tax regime for the Financial Year (FY) 2025-26 and ...
For taxpayers without business income: Taxpayers without business income can simply select the Old Tax Regime while filing ...
Amid the new Income Tax Bill 2025, we answer most FAQs on tax slabs, old vs. new regime, the new income tax rules, exemption ...
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