FinMin says of the total 7.28 crore income tax returns filed for AY 2024–25, 5.27 crore were filed under the new tax regime ...

Many tax experts expect changes in the income tax slabs under the new tax regime in Budget 2025. This is because the ...

Experts urge the government to increase the basic tax exemption limit under the New Tax Regime to Rs 10 lakh in Budget 2025, ...

Even though the government has made the new tax regime attractive and 72% of taxpayers have adopted it, still taxpayers are ...

The government embarked on a comprehensive review of the Income Tax Act, 1961, intending to simplify and modernise the tax ...

Budget 2025: udget 2025 is expected to address taxpayers' concerns over the dual tax regime system, with experts advocating ...

This year, with the new Direct Tax Code set to be unveiled in the upcoming Union Budget, there is a unique opportunity to ...

The income tax system in India operates through a progressive slab structure. The amount of tax an individual pays is ...

Experts have mentioned the need for the government to put more money in the hands of taxpayers to boost consumption, which ...

Updated - January 25, 2025 at 10:00 AM. | New Delhi READ LATER ...

With Union Budget 2025 on the horizon, recommendations for personal income tax reforms include lowering rates for ...