High-income households and profitable corporations would grow even wealthier under Republican proposals for trillions of ...

Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...

The Budget 2025 introduces significant reforms in personal income tax, aimed at providing relief to middle-class taxpayers ...

Standard deduction is a flat deduction available on the salary income that helps reduce the taxable income of a t ...

New tax slabs announced in Union Budget 2025, offering relief to middle class with tax-exemption up to ₹12 lakh.

Finance Minister Nirmala Sitharaman has announced changes to the income tax slabs in the new regime. As per the changes, ...

The new income tax law, which will replace the six-decade-old Income Tax Act, is expected to be introduced in the Lok Sabha next week, according to Finance Minister Nirmala Sitharaman's statement on ...

Finance Minister Nirmala Sitharaman said that slabs and rates are being changed across the board to benefit all tax-payers.

The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...

FM Sitharaman's speech last Budget hinted at this new tax law when she said the goal was to simplify the income tax laws and ...

Union Finance Nirmala Sitharaman while presenting Union Budget 2025-26 said the government will introduce a New Income Tax ...