Though these deductions find no place in the new tax regime, heres why some investments still deserve a place in your ...

How to Opt for Old Tax Regime Currently, a taxpayer with income from a business or profession is required to file Form 10IE to opt for the new tax regime. This form was introduced in October 2020.

Do you know that a large part of your earnings goes in the form of tax? But now this will not happen! The central government has made such changes in the new tax system that will leave more money in ...

The government is set to present a new income tax bill in Parliament, aiming to streamline the system. Star India fast bowler ...

With all eyes on the new Income Tax bill which is slated to be tabled in the Parliament this week. Sources in the know of the ...

The government introduced a new tax regime of lower tax rates in Budget 2020, which continues in FY 2025-26. In Budget 2025, the government pushed for the adoption of the new tax regime of lower tax ...

In Budget 2025, Finance Minister Nirmala Sitharaman revised the income slabs under the new tax regime, thus offering ... section 87A is available in the form of deduction from the tax liability.

A tax rebate serves as a form of tax relief specifically aimed ... who will owe tax as per the revised tax slabs. Deductions under New Tax Regime 2025 Standard Deduction: Salaried employees ...

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

For senior citizens investing in fixed deposits, the threshold for TDS on interest income exceeding Rs 50,000 was raised to ...

With the leader of a failed coup back in the White House and pursuing an unprecedented assault on the constitutional order, ...

Rule 12 of CGST Rules, 2017 specifies the registration form for the e-commerce operator. Any person required to collect tax ...