The Income Tax Department has introduced an online calculator for taxpayers to compare their potential savings under the ...

Finance Minister Nirmala Sitharaman will introduce the Income Tax Bill 2025, aiming to simplify tax language and processes.

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

The new bill, which aims to simplify the tax language for common people, will replace the Income Tax Act, 1961.

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

How to calculate your income tax accurately by including all sources of income such as salary, rental income, capital gains, ...

One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...

Income Tax Calculator: During Budget 2025, Union Finance Minister Nirmala Sitharaman announced new tax rates, offering relief to the salaried taxpayers. With a higher tax rebate of upto ₹ 60,000 ...

A Maryland Bureau of Revenue Estimates analysis of Moore’s budget plans hows that modest-income earners will see their taxes ...

Finance Minister Nirmala Sitharaman announced a new tax regime exempting taxpayers with salaries below Rs 12 lakh from paying ...

Rachel Reeves is considering a stealth income-tax rise in the Spring Statement next month ...

As diplomatic ties evolve, PM Modi will meet US President Donald Trump in Washington, China’s Foreign Minister Wang Yi visits ...