The new tax regime – the default – offers a basic exemption limit of Rs 3 lakh for all individuals, regardless of age. This ...

This tool allows individuals to compare their tax liability under both the old and new tax regimes by entering their income ...

In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...

Budget 2025-2026 also announced at tax rebate for those earning up to Rs 12 lakh annually. The Bill removes exemptions and ...

The Income Tax Department has introduced an online calculator for taxpayers to compare their potential savings under the newly default New Tax Regime, effective April 2025. The initiative aims to ...

The formula to calculate gross salary is as stated ... has become the default option, requiring individuals to consciously choose the old tax regime if they wish to avail of tax exemptions and ...

Households are carrying record levels of debt. Balances climbed to $18.04 trillion in the fourth quarter of 2024, according ...

Only Indian residents can open a PPF account. It has a minimum tenure of 15 years. The principal amount invested and the ...

Mutual funds have become one of the more popular vehicles for stock market investments. Mutual funds generally purchase an inventory of different stocks and are controlled by experienced ...

Discover how South African ex-pats can navigate tax relief options to protect their foreign-earned income and avoid double ...

By trimming word count by 40-50% and eliminating confusing phrases, the new Income Tax Bill makes itself more accessible to ...

Cryptocurrency has long ceased to be a niche instrument for a narrow circle of enthusiasts and has become a full-fledged financial asset capable of generating s ...