Heightened I-T dept scrutiny has compelled many salaried taxpayers to avail of deductions on 80C tax-saving investments, HRA, ...

For the Financial Year 2025-26, if your annual income is Rs 12,89,000, marginal tax relief will apply for you. But will you ...

Budget speech, Finance Minister Nirmala Sitharaman shared big news. Under the new regime, if you earn up to Rs 12 lakh, you ...

Baijayant Panda, Chairperson of the Select Committee of Lok Sabha, presented the Report of the Select Committee on the Income ...

Finance Minister Nirmala Sitharaman informed Parliament on Monday that the government has undertaken a series of measures to ...

Finance Minister Nirmala Sitharaman defends the new tax regime, emphasizing its simplicity and flexibility for taxpayers. She reassures that the old regime remains available, noting that 72.8% of ...

Finance Minister Nirmala Sitharaman has changed the tax slab under the New Tax Regime in Budget 2025. Now a person earning a salary will not have to pay any tax on annual income up to Rs 4 lakh.

A parliamentary committee report on the Income Tax Bill 2025, aiming to replace the old Income Tax Act, is set to be ...

Later, at the Southern India Chamber of Commerce & Industry’s 114th annual meeting, Sitharaman stressed the importance of a stable policy environment, a predictable tax regime and governance ...

The budget’s biggest, shiniest takeaway: no tax on income up to ₹12 lakh. Union finance minister Nirmala Sitharaman’s announcement was met with much cheer and enthusiastic number-crunching ...

The new Income Tax Bill, introduced in Parliament by Nirmala Sitharaman, aims to simplify and modernise India's tax system without adding new taxes. It features shorter, clearer provisions with a ...

While presenting the Budget 2025, Finance Minister Nirmala Sitharaman can make big announcements about income tax this time. There is a discussion everywhere that the government can end the old ...