India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...
Income tax on cryptocurrency transaction. After Budget 2025 there is no change in taxation of cryptocurrencies as they ...
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...
Finance Minister Nirmala Sitharaman has brought big cheer for middle class taxpayers - it’s a bonanza like never b ...
The Budget proposes revised slabs and rates, which Sitharaman said would reduce the tax burden on the middle class, allowing ...
With the new tax slabs, the standard deduction of ₹75,000, over and above the ₹12 lakh limit under the new tax regime, furthers the agenda of driving up savings, investments and consumption.
Currently, about 74-75 per cent of taxpayers file their returns under the new income tax regime, the official said citing government data.
The RBI is expected to cut the repo rate by 25bps in February, easing borrowing costs for the middle class. Analysts predict ...
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 revised tax slabs are expected to boost disposable income, aiding a widespread recovery in consumption. Staple goods ...
The CBDT Chairman also cited the new tax regime (NTR), where there are no deductions or exemptions allowed like the old ...
According to state’s Revenue and Fiscal Affairs office, 44% of South Carolina’s tax filers don’t pay any state income tax.