GST Council to discuss reducing 12% tax slab and tax treatment for service intermediaries, aiming to simplify and rationalize ...

The 56th GST Council meeting is expected to take up key issues including rate rationalisation, compensation cess, and ...

Many taxpayers are unaware of the income tax slabs that will apply to their income under the new tax regime, which is ...

Income Tax Slabs | Budget 2025: There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.

The Union Budget 2025-26 has proposed to raise the basic exemption limit to INR 4 lakh, up from the previous limit of INR 3 lakh. Similarly, it raised tax slab rates for salaried individuals and ...

The personal income tax collection (excluding securities transaction tax) stood at ₹ 4,52,286 crore in April-August 2024-25, up 25.5% from ₹ 3,60,381 crore in the year-ago period.

Experts have called for the elimination or modification of the 30% tax slab. While no formal declarations have been issued, various indicators suggest that a change in this regard could be imminent.

Like India, most countries follow a slab structure in which instead of calculating tax as per a flat rate in a particular income range, incremental tax is charged on different slabs. India has six ...

India’s first AC train: How it was cooled! When AC coaches were first introduced to the Punjab Express train in 1934, ice slabs were used for cooling.

What Is Professional Tax: Tax Slab For States In India. Updated: Aug 13, 2024, 12:37pm Dipen Pradhan Former Editor. Updated: Aug 13, 2024, 12:37pm Editorial Note ...