The Government's endeavour has been to promote the new tax regime, and personal tax changes in the last few Budgets have been ...
Changes were made in the July Budget to reduce the complexity of the capital gains tax calculations and give some income tax ...
Ram Medury anticipates Budget 2025 will focus on income tax concessions and increased capital expenditure, particularly in ...
How much of this will translate into actual benefits for the middle class? And will the government take bold steps to ...
Salaried taxpayers hope Budget 2025 will see some major taxation reforms, including much-needed tax relief for them, higher ...
To make the new tax regime more attractive for the taxpayers, the government has raised the standard deduction to Rs 75,000 ...
Opinion
Stop choking the consuming class
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.
Taxpayers are keenly awaiting possible reductions in tax rates and increased exemption limits, amid ongoing high inflation ...
The current income tax slabs introduced for FY 2024-25 were designed to alleviate the tax burden on average taxpayers.
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 ...
Budget 2025 is around the corner, and taxpayers are eagerly waiting for potential income tax changes! Should you stick to the old tax regime with deductions or switch to the new simplified structure?