With Union Budget 2025 around the corner, experts are voicing what they would want from FM Sitharaman in February next year.

In India, Income tax rates vary on income levels and other factors including age, this creates a fair approach. As income rises, tax rates also go up, ensuring a progressive system. These rates ...

Income tax payers are often advised to take the help of tax experts before opting for one of the two options available. It is ...

The Indian tax landscape is on the brink of transformation as Finance Minister Nirmala Sitharaman prepares to unveil Budget ...

In developed countries such as the US, the UK, Germany and Canada, tax concessions, vouchers, and credits are used ...

A belated return refers to the income tax return that is filed after the deadline, that is July 31 of a given assessment year ...

The revised tax regime in the Union Budget 2024 offers substantial benefits for salaried employees. According to News18, The ...

Budget: There is a reason why people demand standard deduction before every Budget. If you are a businessperson, you can ...

We discuss key tax considerations, compliance requirements, and strategies to optimize savings for remote workers in India.

MUMBAI: Scores of taxpayers, including the salaried, who were unable to claim an income-tax rebate in their tax returns for ...

But there are deductions available on rental income for individuals who choose to stick with the old tax regime. If you are in receipt of rental income, you can first get a deduction on municipal ...

Unlike its old counterpart, which had over 70 exemptions and deductions to bring down an individual's taxable income and hence, their tax liability, the new regime does not offer much deductions.