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3 mins read

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…

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6 mins read

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…

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3 mins read

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…

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4 mins read

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 …

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2 mins read

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   


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3 mins read

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…

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5 mins read

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   


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4 mins read

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   


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4 mins read

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 …

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2 mins read

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   


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6 mins read

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…

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4 mins read

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…

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5 mins read

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…

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8 mins read

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   


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2 mins read

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 …

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2 mins read

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   


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2 mins read

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   


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2 mins read

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   


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4 mins read

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…

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1 min read

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…