Finance Minister Nirmala Sitharaman announced new tax slabs in the new tax regime 2025, so there will be no income tax for those drawing ₹12 lakh and less ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

The Union Budget 2025-26 increased the income tax basic exemption limit to Rs 4 lakh under the new tax regime, benefiting all ...

Finance Minister Nirmala Sitharaman introduced several key tax relief measures for senior citizens in the Union Budget 2025, including an increased tax deduction limit on interest income and more ...

The individual has never filed an ITR due to nil tax liability but now needs to for a home loan. They plan to file online, ...

The National Pension System (NPS) Vatsalya Scheme was officially launched on September 18, 2024. While Budget 2025 did not ...

TDS is a mechanism where tax is deducted at the point of income generation. For interest earned from fixed deposits and other savings instruments, banks and financial institutions deduct TDS if the ...

Highlights: FM Nirmala Sitharaman's announcement on February 1 brings a gift for the Indian middle class with no tax payable ...

Be careful rushing through your taxes to get your refund faster. A mistake could bring you an audit instead. Here's how to ...

If the total income of a senior citizen is exempted from the levy of the income tax and the nil tax is payable for the financial year he is required to submit Form 15 H for non-deduction of TDS on ...

Income Tax Budget 2025 Live: Finance Minister Nirmala Sitharaman on Saturday said tax deductions at source (TDS) will be rationalised for senior citizens and doubled from Rs 50,000 to Rs 1 lakh.