India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...
The Budget announcement of zero tax for earnings upto Rs 12 lakh per annum and the rejig of tax slabs across the board should ...
Finance Minister Nirmala Sitharaman has brought big cheer for middle class taxpayers - it’s a bonanza like never b ...
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...
Income tax on cryptocurrency transaction. After Budget 2025 there is no change in taxation of cryptocurrencies as they ...
Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and ...
The government has also raised the TCS exemption limit on Liberalised Remittance Scheme (LRS) transactions from Rs 7 lakh to Rs 10 lakh.
Ans. Vide Finance Bill, 2025, the time-limit for processing application of the assessee under section 270AA has been increased from 1 month to 3 months from the end of the month in which application ...
Vide Finance Act 2022, taxation of virtual digital assets (VDA) has been introduced in the Income-tax Act, 1961 (‘the Act’), under section 115BBH of the Act in which the transfer of VDA is to be taxed ...
In an interview with PTI, Finance Minister Nirmala Sitharaman reveals how the ₹12 lakh tax-free income decision was made. She discusses PM Modi’s vision, challenges in convincing the ministry and ...
Shrivastava was responding to Shaadi.com founder Anupam Mittal, who highlighted that with this revision, almost 90% of tax filers in India earn below ₹13 lakh per annum, effectively leaving just one ...
Budget 2025 brings cheer to taxpayers! No income tax up to Rs 12 lakh sparks a meme fest on social media. Netizens rejoice and celebrate the tax relief with hilarious reactions.