The IRS cautions taxpayers not to rely on receiving a refund by a certain date, especially when making major purchases or ...

For high earners, the new tax regime generally offers more savings, but those with significant deductions may still prefer ...

Middle class vote is the new battleground in the Capital and, if AAP took the lead in actively targeting it, the Modi ...

Section 17 of the Income-tax Act defines perquisites, including benefits provided by employers to employees. Currently, employee benefits such as free or concessional amenities are exempt from ...

The Personal Tax Allowance is £12,570, but it can be increased to £14,064 if you are able to claim the Married Tax Allowance ...

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

The Union Budget 2025 introduces significant changes to India's income tax structure, offering substantial relief to salaried ...

One of the key highlights of Budget 2025 was that individuals earning up to Rs 12 lakh will not have to pay any income tax ...

Read this table to see how much tax you can save at different income levels ranging from Rs 9 lakh to Rs 2.4 crore.

Tax season is underway. The IRS has debuted a new online tool to help taxpayers check the status of any refund they may be ...

a. The amenities and benefits (in general) received by employees with a salary below certain limit would be exempt from being treated as perquisite. The limits, presently at Rs 50,000/- per annum, can ...

You can use Indian Express ’s income tax calculator to calculate your tax for financial year 2025-26. Select Financial Year: ...