Following the Budget 2025, Section 87A of the Income Tax Act now offers marginal relief for taxpayers under the new tax ...

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Millions of pensioners will be dragged into the tax net over the next decade as a result of Labour’s decision to keep tax thresholds frozen. By 2032, around 10 million retirees are expected to be ...

In the union budget for the financial year (FY) 2025-26, finance minister Nirmala Sitharaman announced notable reform to the ...

Under the new tax regime, the government has also introduced new tax slabs, lowering the tax burden on middle-income earners.

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

Ten million pensioners will be paying income tax by 2032, new figures reveal. Three quarters of retirees are set to be ...

Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...

In a major relief for the middle class, Finance Minister Nirmala Sitharaman announced that individuals earning up to Rs 12 ...

In a significant move announced during the Union Budget 2025, Finance Minister Nirmala Sitharaman introduced new income tax ...