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

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

If you’ve invested in mutual funds, understanding how your returns will be taxed is just as important as tracking market ...

A viral LinkedIn post has brought fresh attention to a long-running debate — do salaried individuals pay much higher taxes than business owners, even when both earn the same income? This has sparked ...

Nirmala Sitharaman chaired a high-level conclave of Principal Chief Commissioners of Income Tax (PrCCsIT) in the national ...

Finance Minister Nirmala Sitharaman urged tax officials to simplify compliance processes, emphasizing transparency and ...

According to the budgetary proposal, individuals earning between Rs600,000 and Rs1.2 million per annum are set to receive ...

However, lower slab limits have been narrowed, meaning many taxpayers will pay more tax than they did last year, even with the same income. Existing Tax Slabs Existing Tax Rates 2024–25 ...

Many of us keep a significant portion of our savings in a standard savings bank account, earning a modest annual interest of ...

The government has taken a significant step to provide substantial relief to lower and middle-income sectors, proposing up to a four per cent decrease in income tax across various slabs.Presenting the ...

In the current fiscal year, net direct tax collection fell by 1.39% to Rs 4.59 lakh crore due to slow advance tax growth and ...

A National Assembly panel on Friday termed a nominal reduction in the salaried class income tax rates a "joke", as ...