Budget 2025 has made no change to the tax rate or holding period for long term capital gains (LTCG) and short term capital ...

If you are still confused about which tax regime to choose after Budget 2025 proposals, here is how to choose between the old ...

Consultants can deduct business-related expenses from gross receipts or opt for a simpler presumptive tax scheme. Meanwhile, ...

In her budget speech on Saturday, Nirmala Sitharaman announced that no income tax would be payable up to income of ₹12 lakh annually.

Budget 2025 brings cheer to taxpayers! No income tax up to Rs 12 lakh sparks a meme fest on social media. Netizens rejoice and celebrate the tax relief with hilarious reactions.

The Union Budget 2025 brings substantial tax relief to individuals earning up to ₹12 lakh, making them effectively tax-free. The revised tax slabs, enhanced Section 87A rebate, and marginal relief ...

Criticising the Union Budget 2025, Karnataka Chief Minister Siddaramaiah dubbed it as a disappointing one, detrimental to the ...

While the Election Commission has barred the BJP-led Central government from making Delhi-specific announcements in the Union Budget, the income tax relief for the middle class is seen by many as a ...

Currently, TDS is required when interest payments by a banking company exceed ₹40,000 annually. The proposed increase in this ...

Key Change: The proposed amendment will extend the period for tax benefits under Section 80-IAC for start-ups. Start-ups incorporated before 1st April 2030 will now be eligible for a 100% tax ...

Sitharaman said this new structure will significantly reduce taxes for the middle class, putting more money in their hands, boosting household consumption, savings, and investment.

The new tax regime, introduced in Budget 2020 and revised in Budget 2023, provides lower tax rates but removes most exemptions and deductions.