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Choosing the right income tax regime is crucial for ITR filing. Salaried taxpayers can choose between the new and old regimes ...
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, ...
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 + ...
With India’s tax laws tightening around retirement products, high-income earners must rethink their strategies. From capital ...
The GST Council may meet in August to discuss slab rejigs aimed at boosting consumption. A simplified tax structure with ...
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 ...
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