The government introduced a new tax regime of lower tax rates in Budget 2020, which continues in FY 2025-26. In Budget 2025, the government pushed for the adoption of the new tax regime of lower tax ...

You can use Indian Express ’s income tax calculator to calculate your tax for financial year 2025-26. Select Financial Year: ...

The income tax rates for the assessment years (AY) 2025-26 and 2026-27 remain unchanged across categories. Under Section 115BAC, default rates for individuals and Hindu Undivided Families (HUF) ...

FM Nirmala Sitharaman announced major income tax relief, with no tax payable on income up to Rs 12 lakh. New tax regime to be ...

Finance minister Nirmala Sitharaman on Saturday announced income tax cuts in ... pay nil taxes under the new tax regime. The central government's tax slab calculation. The minister also announced ...

To the relief of middle-class tax payers, Finance Minister Nirmal Sitharaman announced a new tax slab during the Union Budget ...

Buried within the BBA audit rules are strict requirements applicable to amending a partnership income tax return—known as an ...

DHAKA, Jan 26, 2025 (BSS) - Taxpayers can submit their income tax returns round the year through online system, but they have ...

The simplification of rules will help taxpayers easily file their income tax returns without any calculation as they can claim the value of any two houses as zero. The deemed calculation of house will ...

Our income tax system requires the computation and payment of income taxes due on an annual basis (calendar or fiscal year), through the filing of an annual or final adjusted income tax return by ...