From the Union Budget 2025 and the RBI's monetary policy announcement to changes in UPI payment acceptance norms and ...
With Union Budget 2025 around the corner, discussions on income tax slabs, exemptions, and potential reforms are once again ...
Since its introduction, the government has actively promoted the new tax regime, citing its reduced compliance burden for both taxpayers and authorities. Tax slabs and rates under the new regime have ...
Taxpayers are keenly awaiting possible reductions in tax rates and increased exemption limits, amid ongoing high inflation and shifting consumption trends ...
Recent reports suggest that the upcoming Union Budget 2025-26 may bring about major changes, including the possibility of ...
Budget 2025 is anticipated to provide tax relief for salaried individuals. Proposals include raising the tax-free income limit to ₹10 lakh and simplifying tax slabs to enhance disposable incomes.
The Union Budget 2025 presents an opportunity for the government to implement reforms that address the complexities of ...
In this write-up, we will analyze which tax regime — old or new — is more advantageous for individuals with an annual income of up to ₹15 lakh. For this comparison, we will assume the taxpayer is ...
Senate Finance Committee members will introduce legislation to stop companies from deducting or claiming credits on taxes paid to Russia.
Finance Minister Nirmala Sitharaman is reportedly going to announce a new bill introducing a new income tax system to simplify tax laws during the Budget Session, which starts tomorrow. But what do we ...
Long-term Capital Gains (LTCG): 10% tax on profits exceeding ₹1 lakh from equities held over a year. Equity Intraday: 0.025% on the sell side. Equity Options: 0.017% on the sell side (premium).
The call for a rational income tax regime in India grows as the tax base remains narrow, with heavy reliance on the already taxed consuming classes.