According to the FAQs issued by the government, in the new regime under Section 115BAC(1A), marginal relief is available to ...

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

With a standard deduction of Rs 75,000 under the new regime, salaried taxpayers earning up to Rs 12.75 lakh annually do not need to pay any tax. But what if you have a higher annual income, say Rs 13 ...

Jasprit Bumrah is set to undergo scans and assessment at the National Cricket Academy in Bengaluru under the BCCI medical ...

Overall, the Budget is not only pragmatic but also optimises outcomes on both the revenue and expenditure fronts. It is ...

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

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

Dubai’s tax landscape is a major draw for individuals and businesses, offering significant financial advantages while ...

The Budget proposes revised slabs and rates, which Sitharaman said would reduce the tax burden on the middle class, allowing ...

When asked whether the budget announcement of zero tax on annual income up to ₹12 lakh would lead to 100% of taxpayers ...

Tax experts have indicated that about a third of the tax relief, estimated at Rs 1 lakh crore, could go into consumer ...