Finance Minister Sitharaman’s 2024 Finance Bill revises capital gains tax: 20% STCG for some assets…

​​Malhotra explained the government's rationale behind this proviso, noting that buyback does not f…

Finance Minister Nirmala Sitharaman, during the 2023-24 Budget, announced that the new tax regime h…

The budget has changed the definition of a specified mutual funds. From now on, any fund which inve…

The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…

The option of the new and old tax regimes and complex taxation laws require the assistance of exper…

Income earned by a minor child from activities involving their skills, talent, or specialised knowl…

You can watch the presentation live on the official Youtube channels of the government. After her s…

At present, individuals aged below 60 can claim an annual deduction of up to Rs 25,000 towards heal…

When deciding between the old and the new tax regimes, most of us will consider the most common ded…

Many notable economists are sounding the alarm on the inflationary impact of Trump's proposals. Oth…

Buying a home is undoubtedly one of the biggest financial commitments in one’s life. And since it i…

The old tax regime offered several tax deductions that helped bring down one’s taxable income, and …

Tax saved by individuals in higher income brackets will result in the amount getting channelised in…

In a relief to taxpayers opting for the new tax regime, individuals earning a marginally higher inc…

Home loan holders may be able to save more money on taxes under the old tax regime by claiming maxi…

The Indian Income Tax Department has released offline utilities for ITR Forms 1 and 4 that can be u…

The Income Tax (IT) department recently launched a new application for mobile users that allows tax…

HRA exemption is available only if you are living in a rented house and opt for the old tax regime.…

In last year’s union budget, India’s finance minister Nirmala Sitharaman had announced a new tax re…