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About 6 cr ITRs filed for FY24; 70% under new tax regime
Addressing the post-budget session of PHD Chamber of Commerce and Industry, Malhotra said there wer…
PTI
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 …
Budget 2024: Three things the insurance sector want from FM Sitharaman this budget.
At present, individuals aged below 60 can claim an annual deduction of up to Rs 25,000 towards heal…
Comprehensive review of the IT Act imminent in 6 months, notes revenue secretary
Malhotra explained the government's rationale behind this proviso, noting that buyback does not f…
Elon Musk took the stage at a Trump rally to talk about taxes and the 'Department of Government Efficiency'
Musk did not elaborate on policy changes or spending cuts he would implement if he were to join a h…
Katherine Tangalakis-Lippert
Budget 2024: Increase standard deduction, exemptions and more, an aam aadmi's wishlist
Note that unless you specifically opt for the old regime, the new tax regime is considered as your …
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…
Attention! Here's what's changing with your PPF, F&O trading, and buybacks, starting today!
The interest rates on various small savings schemes were left unchanged by the Finance Ministry for…
Budget 2024: Here's how your mutual fund investments are set to change post-budget
The budget has changed the definition of a specified mutual funds. From now on, any fund which inve…
Budget 2024: How will long-term capital tax change your real-estate investments post-budget?
There has been a marginal increase in the basic tax exemption limit for LTCG. Previously, LTCG of u…
Union Budget 2024-25 key highlights: Angel tax to be scraped
You can watch the presentation live on the official Youtube channels of the government. After her s…
Majority of taxpayers to have substantial tax savings due to reduction of long term capital gains on real estate: IT Dept
The Budget has reduced tax rates on capital gains earned from sale of house properties held for lon…
PTI
New Vivad Se Vishwas 2.0 tax resolution scheme to start on Oct 1 — what you need to know
The government has set October 1, 2024, as the launch date for Vivad Se Vishwas 2.0 to address dire…
Budget 2024: More affordable housing, lowered rent TDS — here’s what will change for the housing sector this year
Union Budget 2024 delivers massive boost with 3 crore affordable houses and tax cuts. Here's all th…
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…
Decoding capital gains taxes: What FM Nirmala took from your pocket, what she gave you in Budget 2024
All listed securities will be considered long-term capital assets (and hence, LTCG will be levied) …
Modi 3.0 1st Budget: Tax relief for middle class, Rs 2 lakh cr job scheme
With rural distress and unemployment being blamed for BJP losing its majority, Sitharaman in her se…
PTI
Economic Survey shows India's energy needs to grow 2.5x, healthy growth in formal employment
Over the last decade, the manufacturing sector managed to mark an average annual growth rate of 5.2…