Since its introduction, the slabs have been tweaked two times, and are likely to be tweaked again on February 1.

A 25% tax rate for income between Rs 25 lakh and Rs 30 lakh, while retaining the 30% rate for income above Rs 30 lakh, could ...

No official plans exist to abolish the old tax regime, but discussions continue. While the new tax structure offers lower ...

A proposed solution is to implement a unified tax system, which combines the advantages of both the old and new tax regimes, ...

The July 2024 budget was marked by sweeping tax reforms, including rationalisation of the capital gains tax regime, relief ...

Unlikely, says tax experts, as a section of tax-payers does benefit from this tax structure. However, it might not be ...

Finance Minister Nirmala Sitharaman’s Budget 2024 modified income tax slabs, favouring the new tax regime. The old regime, ...

Amid slowing economic growth and rising global uncertainties in Asia's third-largest economy, Finance Minister Nirmala ...

As is the case every year, the expectations from Budget 2025 are very high. Taxpayers are facing an inflation rate that is ...

Calculating your taxable income is a crucial part of the tax filing process-it gives you knowledge of the various exemptions ...

With the Union Budget 2025 on the horizon, taxpayers under the Old Tax Regime are eagerly anticipating long-overdue relief.

The government expects changes made to the tax regime governing cruise lines to begin to have a material effect on the ...