In Budget 2025, the Finance Minister has given a big relief to the taxpayers by increasing the level of zero income tax ...

In India, taxpayers can switch between old and new income tax regimes annually, but business income earners have limited ...

If you are availing exemptions or deductions under the old tax regime, the new tax regime may lead to a higher tax outgo.

Before filing your income tax return, it is vital to compare the tax computation under both the tax regimes i.e., old and new ...

The government has given some relief to individual taxpayers by extending the time limit for filing updated Income Tax ...

Income Tax Slabs FY 2025-26 after Budget 2025: Finance Minister Nirmala Sitharaman announced that taxpayers will not have to ...

For individuals below 60 years of age: The basic exemption limit is ₹2,50,000. For senior citizens (60 years or above but below 80 years): The exemption limit is ₹3,00,000. For super senior citizens ...

Experts pointed out that the new income tax bill proposed for FY2026-27 would require taxpayers to file their ITR by the due ...

March 7, 2025, is the deadline for depositing Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) for February ...

Early results from the IRS indicate that 7.7% fewer tax returns were filed in the first two weeks of the 2025 season. Why are ...

It is important for the taxpayers to invest in tax-saving instruments prior to March 31 to be able to avail income tax ...

Whether it's a summer job or a full-time position, some students may have to file an income tax return — and it could give ...