Income Tax : This guide explains the income-tax rates applicable to individuals, HUFs, companies, firms, co-operative societies, and other taxp...
Income Tax : Tax on dividends, interest, royalties and FTS earned by non-residents is governed by the more beneficial rate under the Income-tax...
Income Tax : The applicable withholding tax depends on the Income-tax Act or the relevant DTAA, whichever is more beneficial. Treaty rates diff...
Income Tax : Explore income-tax rates applicable over the last ten assessment years for individuals, companies, firms, LLPs, HUFs, and co-opera...
Income Tax : The document explains tax rates applicable to individuals, HUFs, firms, companies, co-operative societies, foreign companies, and ...
Income Tax : The Government outlined a phased reduction in corporate tax rates with parallel withdrawal of exemptions. The key takeaway is a sh...
Income Tax : A summary of corporate tax concessions in India, including key deductions, exemptions, and revenue impact from 2021-24 under the I...
Income Tax : MAJOR ANNOUNCEMENTS IN PERSONAL INCOME TAX TO SUBSTANTIALLY BENEFIT THE MIDDLE CLASS PERSONS WITH INCOME UP TO RS. 7 LAKH WILL NOT...
Income Tax : India has progressive direct taxation system wherein an individual or Hindu undivided family (HUF) or an association of person or ...
Income Tax : Rates of income-tax in respect of income liable to tax for the assessment year 2021-22 i.e. Financial Year 2020-21 In respect of i...
Income Tax : Higher rate of tax was prescribed in section 115BBE through an amendment made vide Taxation Laws (Second Amendment) Act, 2016 and ...
Income Tax : The issue under consideration is whether AOP is liable to tax at MMR if income of its members during relevant year exceeded basic ...
Income Tax : CBDT notifies forms for exercising option u/s 115BAA and 115BAB – Notification No. 10/2020, dated 12-02-2020 Section 115BAA deal...
Income Tax : In order to encourage investment in the capital market, it has been decided to withdraw the enhanced surcharge levied by Finance (...
Analysis of Indian income tax rates for AY 2025-26 & 2026-27. Covers the Old vs. Default 115BAC regimes, corporate tax concessions, Surcharge, HEC, and AMT/MAT rules.
Compare tax rates for domestic and foreign companies under India’s new and old tax regimes. Learn about Sections 115BAA and 115BAB for manufacturing and non-manufacturing firms.
Understand the tax rates for cooperative societies under India’s old and new tax regimes. Learn about Sections 115BAD and 115BAE, deductions, and eligibility criteria.
New IT Bill 2025 raises effective tax on LLP long-term capital gains from 12.5% to 18.5%, expanding AMT scope regardless of deductions.
Understand India’s income tax slabs for FY 2024-25 (AY 2025-26). Compare Old and New Tax Regimes, including tax rates, deductions, rebates, and other key differences for individuals.
Compare India’s old and new tax regimes for FY 2025-26. Find the break-even point based on deductions to choose the best option.
Discover the income tax slab rates for individuals, companies, and co-operatives under both old and new regimes for P.Y. 2025-26, including surcharge details.
A summary of corporate tax concessions in India, including key deductions, exemptions, and revenue impact from 2021-24 under the Income Tax Act.
Explore how new tax rebate under Section 87A allows individuals to avoid tax on incomes up to Rs 12 lakh. Learn through illustrations and FAQs about eligibility, calculations and impacts on special rate incomes.
Budget 2025 introduces no income tax on earnings up to ₹12 lakhs under the new regime, offering significant relief. Learn about tax slabs, Section 87A, and benefits.
