Income Tax : This guide compares the Old and New Tax Regimes, explaining differences in deductions, exemptions, home loan benefits, and standar...
Income Tax : Two CIT(A) rulings confirm the Section 87A tax rebate applies to total income up to Rs.7 lakh, even with Short-Term Capital Gains ...
Income Tax : 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....
Income Tax : Compare the old and new tax regimes for FY 2025-26 to find out which one suits your financial situation, with details on exemption...
Income Tax : Compare the old and new tax regimes, rates, exemptions, deductions, and more for FY 2025-26. Choose the best option based on your ...
Income Tax : From the time where tax payer will forget how much refund is yet to receive and when they will receive to now, there is a remarkab...
Income Tax : he Hon’ble Finance Minister while presenting the Union budget for financial year (FY) 2015-16 stated that the deductions and inc...
Goods and Services Tax : The Planning Commission today said that the proposed Goods and Services Tax (GST) is likely to miss the deadline of April 1, but i...
Goods and Services Tax : The Government should implement the GST regime with defined sharing arrangement between the State and the Centre, thereby protecti...
Income Tax : About Rs 4 crore has been siphoned off the I-T system by some unidentified fraudsters with the help of bogus PAN cards, e-returns ...
From April 1, 2011, finance minister Pranab Mukherjee has proposed to simplify the income-tax regime by reducing the tax rates on incomes above Rs1.6 lakh per annum (Rs1.9 lakh for women, and Rs2.4 lakh for senior citizens), but the reduced rates will come with few of the current exemptions.
