Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...

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

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, ...

Finance Minister Nirmala Sitharaman has said that the new income tax bill, which will be presented in Parliament next week, ...

The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...

Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...

These budget measures will provide liquidity to the banks, making them more comfortable in lending. The rise in deposits will ...

Standard deduction has been raised from the current ₹25,000 to 60,000 now and tax rebate under section 87A which was ₹25,000 ...

According to the government, about 78 per cent of taxpayers have already shifted to the new tax regime. Still, according to ...

Income tax on cryptocurrency transaction. After Budget 2025 there is no change in taxation of cryptocurrencies as they ...

The RBI is expected to cut the repo rate by 25bps in February, easing borrowing costs for the middle class. Analysts predict ...

India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...