News

Withholding tax rates on prize bond winnings and profits from debt/loan interest have been implemented on National Savings ...
Accordingly, if taxpayers opt for a new tax regime, tax on 12 lakhs of income will be 60,000 and rebate will be 60,000. Thus, ...
Starting in 2025, the 'One Big Beautiful Bill' brings bigger standard deductions, a higher SALT cap, and new senior tax ...
Result: The new regime saves Rs. 9,360, enough for one EMI top-up before the next ITR filing start date. Tax = Rs. 18,500 + ...
The GST Council may meet in August to discuss slab rejigs aimed at boosting consumption. A simplified tax structure with ...
Finfluencer Akshat Shrivastava on Sunday described fixed deposit (FD) returns in India as a "scam", citing tax burdens, ...
Tax-efficient Income Plus Arbitrage FoFs offer investors a compelling alternative to traditional debt funds in India's ...
Tax breaks in the megabill, like no taxes on tips and overtime, only apply to people at certain income levels.
Exemptions under Section 54 (residential property) and Section 54EC (bonds) still exist but are capped. These limits reduce ...
The just-passed tax-and-spending package provides certainty for filers for the first time in years.
Arbitrage mutual funds witnessed significant inflows in May, driven by market volatility, tax efficiency, and relative ...
India's economy is projected to grow 6.4-6.7 per cent this financial year, driven by strong domestic demand and liquidity ...