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Confused about the new tax regime? Here's when you should opt for it
The new regime was introduced in budget 2020 to simplify taxation, and offer lower rates of taxes c…
Budget 2024-25: New tax regime sweetened by FM, hikes standard deduction to Rs 75,000
More than two-thirds of taxpayers have availed of the new Income Tax regime, as per Nirmala Sithar…
Economic Survey 2023-24: Where does India stand on the employment, and what's next?
While the agriculture sector has grown at about 4.18% at constant prices over the last 5 years, Ind…
All you need to know about the new tax regime
The new tax regime was introduced in Budget 2020 as a means to simplify tax calculations and offer …
Income Tax Department seizes record ₹1,100 crore cash and jewellery in Lok Sabha elections 2024
As per the sources, by the end of May 30th, the department had seized approximately Rs 1100 crore w…
ANI
Budget 2024: Tax alterations affecting stock markets — capital gains tax, STT on F&O, and more
Finance Minister Sitharaman’s 2024 Finance Bill revises capital gains tax: 20% STCG for some assets…
Lok Sabha passes Finance Bill, provision on LTCG tax on property transactions amended
The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…
ANI
GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout
The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…
PTI
India’s Income Tax Burden: Mere 0.3% of adult population account for 76% of total personal IT receipts
Data shows that currently India has 66.5 million individuals who pay personal income tax, which is …
This soccer star who came from nothing has been funding universal basic income in his hometown for years
Sadio Mané gives about $76 a month to everyone in a "very poor region of Senegal" and has also fund…
Theron Mohamed
Income tax bonanza, capex push emerge as the stars of Budget 2023-24
An upward revision in income tax slabs and a continued push on capital expenditure investments emer…
FM plays Santa: Zero tax on income upto ₹7 lakh under the new regime
Tax saved by individuals in higher income brackets will result in the amount getting channelised in…
Budget 2023-24 highlights: Those with income below ₹7 lakh a year need not pay income tax
The FM today changed the income tax rebate limit from ₹5 lakh per annum to ₹7 lakh per annum in the…
Universal basic income is working even in red states
All across America, giving people free cash is reducing homelessness, increasing employment, and im…
Michael Venutolo-Mantovani
Here is how the Budget 2019 benefits the Indian middle class
The Narendra Modi goverment has gone all out to woo voters across social segments — not just the …
Taxpayers with income marginally over ₹7 lakh to get relief under new tax regime
In a relief to taxpayers opting for the new tax regime, individuals earning a marginally higher inc…
PTI
Warren Buffett's energy division has had a negative income tax rate for 5 years straight - as it's received clean-energy credits worth billions
Berkshire Hathaway Energy has received almost $6 billion in income-tax benefits on a net basis in t…
Theron Mohamed
Hungary just canceled income tax for new moms in their 20s. It's the country's latest attempt to fix its long-term labor shortage.
New Hungarian moms in their 20s will pay zero in income tax forever in response to the country's lo…
Jacob Zinkula
Budget 2022: Expectations for hike in tax deduction on home loans
The 66 per cent young population - below 35 years of age, are emerging as young millennial borro…
Centre extends deadline for IT returns filing for 2019-20 to November 30
The last date for filing returns for AY 2019-20 was extended earlier till September 30, the th…