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

4. Accordingly, to address this issue, it is proposed to amend sub-section (4) of section 115VP to provide that for application received under sub-section (1) on or after the 1st day of April, 2025, ...

By empowering the middle class, boosting consumption, strengthening retail infrastructure, and bridging the urban-rural ...

FM Nirmala Sitharaman announced the Union Budget 2025 on Saturday, February 1. FMCG, Insurance, Tourism, Leather are among ...

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

As Virginia’s General Assembly reaches “crossover” on Tuesday — the midpoint of the legislative session when bills move from ...

The government has proposed to increase the tax rebate available to individual taxpayer opting for the new tax regime. Tax ...

Banker Vijay Chandola recently broke down the math, showing how tax implications can significantly erode the perceived ...

The new Income Tax Bill introduced on February 6, aimi to replace the outdated 1961 law with a simplified system tailored for ...

The Finance Bill 2025 proposes the removal of Tax Collection at Source (TCS) under Section 206C(1H) of the Income-tax Act from April 1, 2025. Currently, sellers collecting payments exceeding ₹50 lakh ...

Budget 2025 carefully balances all big parameters including boost in consumption, continued capex and fiscal consolidation ...