The Union Budget 2025 clarifies the tax treatment of Unit Linked Insurance Policies (ULIPs), aligning them with other ...
Not all your incomes qualify for the rebate benefit under Section 87A. Income from capital gains, lotteries, and other ...
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...
Budget 2025 income tax slab changes FY 2025-26: Finance Minister Nirmala Sitharaman presented Budget 2025 addressing the ...
Equity traders are excluded from tax reliefs, raising concerns as market focus shifts to RBI’s monetary policy. The Union ...
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...
Income tax on cryptocurrency transaction. After Budget 2025 there is no change in taxation of cryptocurrencies as they ...
The entrepreneur said that the Indian middle class has always been ‘a punching bag’, with the taxpayers ‘taxed at every turn, ...
Learn about the new and old tax regimes, including tax rates and surcharges applicable to various income levels.
Currently, about 74-75 per cent of taxpayers file their returns under the new income tax regime, the official said citing government data.
Vide Finance Act 2022, taxation of virtual digital assets (VDA) has been introduced in the Income-tax Act, 1961 (‘the Act’), under section 115BBH of the Act in which the transfer of VDA is to be taxed ...