The Union Budget 2026 introduces amendments to the Income Tax Act in order to simplify compliance for taxpayers. Here is a list of crucial changes for Indian taxpayers that could impact an ...

As the new financial year begins on April 1, 2025, many income tax rules have come into effect, bringing changes that impact investors, salaried individuals, and taxpayers. In Budget 2025, the ...

Union Finance Minister Nirmala Sitharaman announced that the New Income Tax Act will come into effect on April 1, with rules ...

Income Tax: The Union Budget 2026 introduces amendments to the Income Tax Act that simplify compliance for taxpayers. Here is a list of crucial changes for Indian taxpayers.

Union Finance Minister Nirmala Sitharaman has entered the history books after presenting the ninth consecutive Budget.

Income tax on pension is added to total income and taxed under slab rates. Payout structure, annuity income, and retirement planning affect post-retirement cash flow.

New draft rules for the Income Tax Act, 2025, are sparking a debate between old and new tax regimes. Salaried taxpayers may find the old regime more beneficial if they can utilise exemptions like ...

Many types of income in India are completely exempt from tax under the Income-tax Act, provided certain conditions are met.

New tax regime is attractive as marginal relief under which the final tax payable shall not exceed the amount by which total income exceeds Rs 12 lakh.