In less than a week from now, on April 1, 2025, the new financial year will begin. With the start of the new financial year, many income tax changes will take effect; it will bring new income tax ...
The budget has offered a bonanza to taxpayers who opt for the new tax regime by offering full tax exemption to those earning ...
Budget 2026 income tax expectations: Will FM Nirmala Sitharaman reduce the number of tax slabs under the new income tax ...
As India prepares for the Union Budget 2026, here’s a quick run-down of income tax slabs under both old and new regimes— ...
In the Budget of 2025, recognizing the significant contribution of the middle class in nation building, the Finance Minister ...
Budget 2026 income tax: Will FM Nirmala Sitharaman announce changes in the new income tax regime, which more taxpayers are ...
The proposed reform by ICAI will allow couples to file a joint tax return, offering relief to families that depend on a ...
At present, India’s income tax system is entirely based on individual taxation, wherein each taxpayer is entitled to a separate basic exemption limit and ...
Higher LTCG exemption, ₹1 lakh standard deduction, slab rationalisation, 80D inclusion under new tax regime and housing affordability are the major expectations in Union Budget 2026.
Budget 2026 will be the first major exercise under the Income Tax Act, 2025, replacing the 1961 law. Learn how new tax slabs, exemptions, and compliance rules will impact taxpayers from April 1, 2026.
New law replaces the 1961 Act from April 1, simplifying tax provisions, cutting litigation, removing obsolete taxes, and ...
Under the ICAI’s proposal, married couples choosing joint filing would be assessed on their combined income, with the basic ...