European officials, who have been effectively sidelined in the war between Israel and Iran, will try to exert limited leverage in a meeting with Iranian officials on Friday in Geneva.

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

Income Tax Calculator: From April 1, 2025, individuals with a tax income of Rs 12 lakh or less in the new taxation regime will ... up to Rs 4 lakh, is tax-exempt. Hence, there is no tax liability on ...

With the start of the new financial year, many income tax changes will take effect; understanding the latest income tax slabs will help you select the tax regime that works best for you. Here are the ...

20. 20,00,001-24,00,000. 25. ... The new income tax slabs under the new tax regime hiked the basic exemption limit from Rs 3 lakh to ... Since the introduction of the new tax regime in FY 2020-21, ...

At the end of February, the House of Representatives passed a budget calling for up to $4.5 trillion in tax cuts over 10 years.. Now, the haggling begins. Many of the tax cuts from the 2017 tax ...

Section 115BAC of the Income Tax Act, 1961 provides an option for individuals or Hindu Undivided Families (HUFs) with income other than from a profession or business to be taxed under a new tax regime ...

The Union Budget 2025-26 has revised the tax slab rates for salaried individuals and pensioners as follows: 5% for taxable income of INR 4 lakh to INR 8 lakh, 10% for INR 8 lakh to INR 12 lakh, 15 ...

Effective from the financial year 2020-21, the Government of India introduced the “New Income Tax Regime,” an alternative method of levying taxes to the prevailing “Old Income Tax Regime.” ...

<b>Union Budget Income Tax 2025 Highlights: </b>Finance Minister Nirmala Sitharaman presented the union budget for the eighth time in a row. In a massive relief, she announced that there will be no ...

Latest Income Tax Slabs, Rates In Budget 2025: As widely expected, Finance Minister Nirmala Sitharaman on Saturday announced huge income tax relaxations in the first full Budget of the Modi 3.0 ...