Standard deduction is a flat deduction available on the salary income that helps reduce the taxable income of a t ...
Taxpayers are seeking income tax relief from Finance Minister Nirmala Sitharaman in Union Budget 2025 to boost money in hand ...
Expectations, Income Tax Revise, Real Estate Sector, Education Sector: Finance Minister Nirmala Sitharaman is expected to ...
With the Budget 2025 deadline nearing, the buzz is that the old income tax regime may be scrapped. Analysts point to the ...
With Finance Minister Nirmala Sitharaman set to present the Union Budget on February 1, rumours of a cut in income tax rates ...
Cryptocurrencies and NFTs are categorised as Virtual Digital Assets, and Section 2(47A) was added to the Income Tax Act to ...
The current income-tax law is complex for average taxpayers due to its technical jargon and numerous provisos, circulars, and ...
Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh ...
As the Budget 2025 approaches, all eyes are on Finance Minister Nirmala Sitharaman’s potential income tax relief for salaried ...
Finance Minister Nirmala Sitharaman in her July 2024 Budget speech announced a comprehensive review of the Income Tax Act 1961. She had also announced that a new tax system would eventually be ...
With slowing growth, rising inflation, and global uncertainties, tax cuts could provide a much-needed boost to businesses and ...
Individual taxpayers, who saw limited changes in the July 2024 Budget, are now hopeful for meaningful reforms to reduce ...