Tax experts suggest that individuals can achieve zero tax liability on an income of Rs 14.77 lakh through strategic planning.

The New Income Tax Bill, cleared by the Union Cabinet on 7 February 2025, is expected to be tabled in Parliament this week. Designed to simplify tax laws and reduce legal ambiguities, the Bill aims to ...

The Income Tax Department has introduced an online calculator for taxpayers to compare their potential savings under the ...

In July 2024, the government announced a review of the Income-tax Act, 1961, aiming to simplify it for taxpayers. A KPMG ...

The new Income Tax Bill is likely to be tabled in Parliament this week. The Bill has been cleared by the Union Cabinet on ...

A major focus of the new tax bill is likely to be on lowering the number of such disputes by clearly defining provisions and ...

Although these investments are not tax free any more, returns earned by investing in them are still exempt from income tax ...

He speaks about the new tax regime, complex provisions that exist in the law and his expectations from the new Income Tax Law ...

If a property is rented out and has an active home loan, the taxpayer can claim a deduction of up to ₹2,00,000 on the ...

The New Income Tax Bill 2025 aims to simplify tax laws, improve compliance, and reduce disputes. Key features include ...