The CBDT Chairman also cited the new tax regime (NTR), where there are no deductions or exemptions allowed like the old ...

Watch PM Modi's Reaction On Income Tax Cut Announcement In #UnionBudget2025 Nirmala Sitharaman ...

The Budget announcement of zero tax for earnings upto Rs 12 lakh per annum and the rejig of tax slabs across the board should ...

After Finance Minister Nirmala Sitharaman presented the 2025-26 Union Budget in the Lok Sabha on Saturday, it is prudent to learn about the basics of the annual set of documents outlining an ...

Currently, about 74-75 per cent of taxpayers file their returns under the new income tax regime, the official said citing government data.

The Finance Bill 2025 proposes amendments to clarify the taxation of Unit Linked Insurance Policies (ULIPs). Under Section 10(10D) of the Income-tax Act, exemption on life insurance proceeds is ...

While the proposal to raise the threshold of nil income tax to ₹12 lakh for individuals has received attention, there are other positive announcements in the budget for the economy’s growth. Image: ...

Among the most significant announcements was the introduction of a new income tax regime that exempts individuals earning up to Rs1.2 million from tax ...

Chief Ministers of Karnataka, Telangana, Kerala, and Tamil Nadu criticise Union Budget 2025-26 for ignoring regional concerns ...

Tax implications for using a company-provided car depend on whether it is used for official or personal purposes. Personal ...

Finance Minister Nirmala Sitharaman said in her 2025 Budget speech that a new income tax bill would be announced next week.