According to the report, the government is considering two options: Making annual income up to Rs 10 lakh tax-free or ...

Here’s a step-by-step guide to help you understand and calculate your income tax under both the old and the new regime.

Individual taxpayers look forward to the Budget every year hoping for a big tax break. It has eluded them for years, but with ...

A 25% tax rate for income between Rs 25 lakh and Rs 30 lakh, while retaining the 30% rate for income above Rs 30 lakh, could ...

While the middle class hopes for urgent relief, New Delhi wants more people to pay taxes. The new code needs to do a ...

Understanding how rental income is taxed in India starts with knowing what counts as taxable income. The gross annual value ...

The Income-Tax department has extended the last date for filing belated or revised return for the 2023-24. The last date for ...

During the same period, personal income tax collection grew from Rs. 4.92 lakh crore to Rs. 11.87 lakh crore, an increase of 141%. Annual GST collections in India range from Rs. 18 lakh crore to Rs.

Experts and taxpayers have noted in the past that Rs 15 lakh annual income ... Confederation of India Industry (CII) and Assocham have also suggested a review of the income tax slabs and the ...

Learn how the PPF 15+5+5 formula can help you build a corpus of over Rs 80 lakh and secure a monthly pension of Rs 48,000.