Income Tax : Explore how new tax rebate under Section 87A allows individuals to avoid tax on incomes up to Rs 12 lakh. Learn through illustrati...
Income Tax : Earning ₹15 lakh? Know how new tax slabs work and why ₹12 lakh exemption doesn’t apply. Learn about rebates, slab-wise taxat...
Income Tax : Budget 2025 introduces no income tax on earnings up to ₹12 lakhs under the new regime, offering significant relief. Learn about ...
Income Tax : Countrywise withholding tax rates as per the Income Tax Act compared to tax treaties/DTAA. Understand differences & implications f...
Income Tax : Understand the tax filing process in India and analyze the tax regime for FY 2023-24. Explore old and new tax rates, deductions, a...
Income Tax : Union Budget 2025-26 introduces tax relief with no income tax up to Rs. 12 lakh, benefiting middle-class taxpayers and boosting co...
Income Tax : Union Budget 2025 expectations include tax relief, GST reforms, R&D support, and measures for MSMEs. Common demands focus on easin...
Income Tax : Get clarity on the applicability of the new tax regime versus the old tax regime. Understand the differences and choose the regime...
Income Tax : MAJOR ANNOUNCEMENTS IN PERSONAL INCOME TAX TO SUBSTANTIALLY BENEFIT THE MIDDLE CLASS PERSONS WITH INCOME UP TO RS. 7 LAKH WILL NOT...
Corporate Law : After criticism on Tax Rate Reduction for Corporates Income Tax India has given following clarification on Twitter. It is to be no...
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 : CBDT issues Income Tax Circular 06/2022 | Dated: 17th March, 2022 to condone the default in filing Form 10-IC to avail lower tax r...
Income Tax : Circular 29/2019 – Clarifications on set off of brought forward loss due to additional depreciation & MAT credit if comp...
Goods and Services Tax : CBIC notifies concessional CGST rate on specified handicraft items vide Notification No. 21/2018-Central Tax (Rate), Dated: 26th J...
Goods and Services Tax : CBIC allows Refund of accumulated credit on account of inverted duty structure to fabric manufacturers vide Notification No. 20/20...
Goods and Services Tax : CBIC amends list of goods exempt from GST vide Notification No. 19/2018-Central Tax (Rate), Dated: 26th July, 2018 with effect fr...
In the Indian tax system, deductions play a crucial role in reducing the taxable income of individuals. With the introduction of the new tax regime from April 1, 2023, there have been changes in the deductions allowed compared to the old tax regime.
Understand the differences between the new and old tax regimes simplified for FY 2023-24. Learn about tax slab rates, deductions, and which regime may be beneficial for you.
Learn the differences between the old and new tax regimes in India. Discover which scheme suits your financial needs best with this comprehensive guide.
Explore the varying income tax rates across countries, from zero tax nations to those with high rates. Gain insights into historical changes and proposals for tax reform.
Insights into New Tax Regime (NTR) and Old Tax Regime (OTR). Comparative analysis, choosing the right regime, recent developments, and strategic decisions for informed financial well-being
Revised income tax slabs for AY 2024-25 under Section 115BAC for Tax on income of Individuals/HUF/AOP/BOI/AJP. Learn about rebates, cess, surcharge, and special points affecting tax liability.
Explore Indian taxpayers’ dilemma with new tax regime, insights from assessments, and emerging trends. Understand choices, implications, and government considerations.
Explore details of India’s 2019 corporate tax reforms, including reduced rates, MAT changes, and their impact. Learn about industry responses and ongoing evaluations
Explore the latest tax regime changes for FY 2023-24, including revised slab rates, deductions, and the debate between old vs. new tax regimes. Make informed financial decisions.
Explore differences between old and new tax regimes in India from an individual taxpayer’s perspective. Learn about exemptions, deductions, and their implications in this comprehensive analysis.
