Not all your incomes qualify for the rebate benefit under Section 87A. Income from capital gains, lotteries, and other ...
Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...
In Budget 2025, the government opted not to modify the existing tax regime or introduce any new deductions. Finance Minister ...
In the Budget 2025, middle-class taxpayers have received some relief. Under the new tax regime announced by Finance Minister ...
Vide Finance Act 2022, taxation of virtual digital assets (VDA) has been introduced in the Income-tax Act, 1961 (‘the Act’), under section 115BBH of the Act in which the transfer of VDA is to be taxed ...
Learn about the new and old tax regimes, including tax rates and surcharges applicable to various income levels.
The updated slabs show a shift in the tax-free income threshold from Rs 3 lakh to Rs 4 lakh, which is expected to provide significant relief to low-income taxpayers ...
Union Finance Nirmala Sitharaman while presenting Union Budget 2025-26 said the government will introduce a New Income Tax ...
Equity traders are excluded from tax reliefs, raising concerns as market focus shifts to RBI’s monetary policy. The Union ...
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...
Income tax on cryptocurrency transaction. After Budget 2025 there is no change in taxation of cryptocurrencies as they ...