The new tax regime – the default – offers a basic exemption limit of Rs 3 lakh for all individuals, regardless of age. This ...
Income Tax Calculator: During Budget 2025, Union Finance Minister Nirmala Sitharaman announced new tax rates, offering relief to the salaried taxpayers. With a higher tax rebate of upto ₹ 60,000 ...
The new bill, which aims to simplify the tax language for common people, will replace the Income Tax Act, 1961.
IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...
The bill is likely to propose expanded definitions related to digital transactions, electronic record-keeping, and ...
With all eyes on the new Income Tax bill which is slated to be tabled in the Parliament this week. Sources in the know of the ...