Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...
Equity traders are excluded from tax reliefs, raising concerns as market focus shifts to RBI’s monetary policy. The Union ...
Marginal relief is available to resident individuals whose income exceeds ₹12 lakh but does not exceed ₹12.75 lakh. If a ...
Virtual Digital Assets (VDAs) are now classified as undisclosed income. So if unreported crypto gains are detected, tax ...
To the relief of middle-class tax payers, Finance Minister Nirmal Sitharaman announced a new tax slab during the Union Budget ...
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...
It was under then Prime Minister and Congress leader Indira Gandhi that India saw the highest tax rate of 97.5% in 1973-74.
The government on Saturday said the old tax regime will continue. But with the changes announced in Budget 2025, does it ...
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...
Under the new regime, the tax liability for individuals earning Rs 12 lakh or Rs 12.75 lakh (for salaried persons) is Rs ...
Income tax on cryptocurrency transaction. After Budget 2025 there is no change in taxation of cryptocurrencies as they ...