Section 80C of the Income Tax Act provides tax benefit for equity-linked savings schemes. As the returns under the investment ...

Budget 2025 income tax expectations: Experts predict that due to the government's focus on promoting the new tax regime, the old income tax regime might remain unchanged. Currently, the new tax ...

Finance Minister Nirmala Sitharaman has brought big cheer for middle class taxpayers - it’s a bonanza like never b ...

"Address inflation by increasing the exemption limit under the income tax regime. A rise to ₹4 lakh is essential, while many taxpayers hope for a ₹10 lakh ... loans under Section 24(b).

Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through ...

Budget 2025: A list of income tax ... % for short-term and 10% to 12.5% for long-term), the tax paid when buying and selling stocks (STT) should be removed. Revising the Section 80C limit ...

In terms of GST-specific amendments, Budget 2025 also focused on pre-deposit amounts for GST appeals, reducing penalties for E-way bill violations and introducing a 10% penalty for other infractions.

The Union budget 2025 presented in the Parliament today on 1st February 2025, the Finance Minister Mrs. Nirmala Sitharaman has given the middle-class taxpayers a big Income tax relief, Under the new ...

In Budget 2024, FM Sitharaman increased the standard deduction for those who opted for the new tax regime to Rs 75,000 ...

The Income-tax Act's section 10(4E) previously limited exemptions on income from derivative transactions to non-residents ...