Sitharaman announced in her budget speech that the new Income Tax Bill will be introduced in Parliament "next" week. The ...

The new tax regime has become quite attractive for the middle-class taxpayers. In FY 2023-24, around 74 percent of taxpayers ...

Under the new tax regime, the government has also introduced new tax slabs, lowering the tax burden on middle-income earners.

Different capital assets — such as listed shares, mutual funds, tax-free bonds, debentures, unlisted shares, and real estate ...

In the union budget for the financial year (FY) 2025-26, finance minister Nirmala Sitharaman announced notable reform to the ...

The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...

Introduced in the Union Budget 2020, the new tax regime offers significant reductions in tax rates, but limits the ...

Final passage came on a 34-3 Senate vote to lower the tax to 3.5% from 4% at the start of 2026. The bill goes to Democratic ...

Union Finance Minister Nirmala Sitharaman explained that these revisions are designed to increase disposable income, ...

Central Board of Direct Taxes (CBDT) has clarified that marginal relief applies to incomes up to Rs 12.75 lakh. This means ...

The Department for Work and Pensions (DWP) has released a comprehensive list of uprated State Pension and benefit payments ...