Under the new regime, the tax liability for individuals earning Rs 12 lakh or Rs 12.75 lakh (for salaried persons) is Rs ...

The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...

Key structural changes, such as adjustments to tax slabs, a rationalisation of deductions, and other incentives to spur ...

Virtual Digital Assets (VDAs) are now classified as undisclosed income. So if unreported crypto gains are detected, tax ...

The income tax department has adopted a more participative approach and is no longer an adversarial department, said CBDT ...

Income tax on cryptocurrency transaction. After Budget 2025 there is no change in taxation of cryptocurrencies as they ...

Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...

To the relief of middle-class tax payers, Finance Minister Nirmal Sitharaman announced a new tax slab during the Union Budget ...

Standard deduction has been raised from the current ₹25,000 to 60,000 now and tax rebate under section 87A which was ₹25,000 ...

The government’s latest tax overhaul of income tax slabs in Budget 2025 is aimed at introducing a more streamlined tax system ...

The entrepreneur said that the Indian middle class has always been ‘a punching bag’, with the taxpayers ‘taxed at every turn, ...