Tax-efficient investments in debt mutual funds have changed post-2023, with new tax rates and benefits for investors.

The federal government has introduced new income tax slabs for the salaried class in the Finance Bill 2025-26, offering relief to low-income earners and imposing a 5% tax on pensions exceeding Rs10 ...

The new regime eliminates most exemptions — such as Sections 80C, 80D, HRA, and LTA — but compensates with reduced tax slabs.

Finance Minister Nirmala Sitharaman presented the Union Budget 2020 in the Lok Sabha on Saturday. This is the second time Sitharaman tabled the Budget after ...

ISLAMABAD: The draft of the amended Finance Bill for budget 2025-26 outlines revised income tax slabs for salaried ...

Justifies defence budget hike amid regional tensions; reiterates support for Iran, condemns Israeli aggression.

Understand NRI tax filing in India for FY 2024-25, including residential status, taxable income (NRO interest, rent, capital gains), TDS refunds, DTAA, and filing ...

Even while most focus only on standard deductions, there are several hidden credits and deductions that can significantly ...

Speaking at a press conference at the Karachi Press Club on Thursday, alliance members Bilal Farooq Alvi, Rizwan Hussain, ...

The FM directed the CBDT to reduce pendency in grievance redressal mechanisms such as CPGRAMS and e-Nivaran pertaining to the ...

GST Council to discuss reducing 12% tax slab and finalizing service intermediary tax treatment, aiming to simplify and ...

The federal government has slashed income tax to 1% for annual incomes between Rs600,000–Rs1.2 million in Budget 2025-26. A new 5% tax on pensions over Rs10 million has also been approved amid debate ...