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

While the tax system allows individuals to choose between the old and new income tax regimes—each with distinct rules and tax ...

If you live in India, it is necessary to pay tax. Whether you earn tax from business or job, if you have a tax liability, ...

In India, failing to pay taxes can lead to a series of legal and financial consequences. Read to know what can happen if you ...

India’s government plans to simplify its income tax filing rules to make it less tedious for taxpayers to comply with the law ...

India's net direct tax collection has surged by 15.88% to Rs 16.90 lakh crore in FY25, driven by growth in personal and ...

The 2024 Union Budget reformed India’s income tax system, introducing new tax slabs and increased standard deductions. These ...

Though the Budget needs to address businesses and investors, it should not ignore social welfare, education, and healthcare.

Assocham urges Finance Minister Nirmala Sitharaman to reduce personal income tax rates in the Union Budget 2025, highlighting ...

India's direct tax collection grows by 15.88% to Rs 16.90 lakh crore as of2, 2025. Corporate and personal income tax ...

As India approaches the Union Budget 2025–26, there is little evidence of bold policy ambition to overhaul the taxation ...

The probe revealed that prime land parcels in Lucknow were fraudulently purchased by a clerical employee of the ...