While the agriculture sector has grown at about 4.18% at constant prices over the last 5 years, Ind…

The new tax regime was introduced in Budget 2020 as a means to simplify tax calculations and offer …

Note that unless you specifically opt for the old regime, the new tax regime is considered as your …

With rural distress and unemployment being blamed for BJP losing its majority, Sitharaman in her se…

​​​Weeks before the budget presentation, the finance minister also meets representatives from vario…

It is that time of the year again. Finance minister Nirmala Sitharaman is all set to deliver the bu…

An upward revision in income tax slabs and a continued push on capital expenditure investments emer…

Budget 2020 introduced the new tax regime for FY 2020-21 in addition to the old tax regime. FY 2020…

Despite the COVID-19 pandemic forcing people to travel less and work from home more, resulting i…

A person whose income is ₹15 lakh earlier had to pay ₹2,73,000 in tax. After the revised rates, he …

You are a non resident Indian (NRI) if you live abroad. More specifically, you are classified as "n…

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

It is that time of the year again – when we have to file our taxes. While we can take the services …

Looking at the budget announcement eagerly, the salaried middle class looks for increase in basi…

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

Among all the different sections that provide deductions under the old tax regime, 80C is the most …

The amount that is deducted will depend on the type of tax deduction you claim. Some of the …

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

The government’s new tax regime isn’t for everyone. If you earn less than ₹13 lakh per annum, it mi…

India’s Finance Minister Nirmala Sitharaman is set to announce the annual budget on February 1, 202…