When filing income tax returns for AY 2025-26, understanding capital gains taxation from mutual funds is crucial. Both old ...

Preeti Sharma, Partner, Global Employer Services, Tax & Regulatory Services of BDO India shares her views on tax filing ...

Salaried individuals can switch tax regimes annually when filing ITR; business owners can switch once; the new regime offers ...

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

In the new tax regime, the slab rates are lower than the old regime, but it does not provide the facility of popular tax exemptions / deductions like Section 80C, 80D, HRA, LTA etc.

Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments.

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 ...

WhatThe income tax return filing for FY 2024-25 (AY 2025-26) is upon us. However, many taxpayers are unaware of the income tax slabs that will apply to their income under the new tax regime, which is ...

While the extension offers relief for self-assessment tax, there is no exemption from interest under Sections 234B and 234C.

Your monthly loan repayment may feel like a drain, yet that same outgoing can slash your tax bill if you structure it right.

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

Presently, there are four tax slabs under the GST regime in India – 5 per cent, 12 per cent, 18 per cent and 28 per cent. Here are the items that are placed under 12 per cent GST slab .