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

By Nidhi Jacob On February 1, 2025, Union Finance and Corporate Affairs Minister Nirmala Sitharaman announced that the nil ...

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, ...

Individuals having taxable income of Rs 12 lakh will not required to pay any tax from FY 2025-26. However, there can be ...

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 ...

The Union Budget 2025-26 introduces several amendments to indirect taxes, covering GST and customs. In GST, changes include allowing Input Service Distributors to distribute input tax credit for inter ...

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

Ernst and Young (EY) has identified key trends shaping Qatar’s tax landscape, including the newly introduced 15% global ...

New system's simplicity, reduced tax liability, increased disposable income potential 'make it a formidable alternative' ...

Finance Minister Nirmala Sitharaman’s ₹12 lakh tax rebate announcement sparked online debates. While memes flooded X, a viral ...

Some part could be used for consumption purposes, and the rest could be used to meet important financial goals.' 'The split ...