Without going into the sections, proviso and the clause 2, 20 and 24 of the Finance Bill 2025, some situations are rendered here for the applicability and availability of the Sec 87A rebate both under ...

This will be the central bank's first MPC meeting under Sanjay Malhotra who was appointed the RBI governor effective December ...

A key highlight this Budget for middle-class and salaried taxpayers is the exemption of income tax for those earning up to Rs ...

This Budget, FM Sitharaman tweaked the tax slabs in a manner that would benefit taxpayers in higher salary brackets as well, ...

It is also important to note that the basic tax slab exemption limit has been raised to Rs 4 lakh from the previous Rs 3 lakh ...

The NDA government has implemented a range of incentives lately to promote the acceptance of the new tax regime. However, the ...

With no tax for income under ₹12 lakh, you have a higher incentive to opt for the new tax regime. This means your incentive to invest in tax saving instruments is lower than it ever was. Should you, ...

Latest income tax slabs 2025-26 post Budget 2025: Finance Minister Nirmala Sitharaman announced zero tax for individuals ...

The government introduced a new tax regime of lower tax rates in Budget 2020, which continues in FY 2025-26. In Budget 2025, the government pushed for the adoption of the new tax regime of lower tax ...

For senior citizens investing in fixed deposits, the threshold for TDS on interest income exceeding Rs 50,000 was raised to ...