Finance Minister Nirmala Sitharaman’s Budget 2024 modified income tax slabs, favouring the new tax regime. The old regime, ...

Salaried employees opting for the old tax regime for FY 2024-25 must submit investment proofs to claim exemptions and ...

While the old regime allows for various exemptions and deductions, the new regime offers reduced tax rates with limitations ...

Increasing standard deduction would offset the benefits of exemptions available in the old tax regime, and revising tax slabs ...

The opposition Congress on Thursday called India's GST the world's worst such regime, accusing the government of being ...

Also, the return-filing process needs to be simplified for NRIs, who are facing several challenges as tax refunds are not ...

India currently offers two tax regimes: the old regime with higher tax rates and more exemptions, and the new regime with ...

Budget 2025 is likely to prioritise fiscal discipline, minor tax tweaks, and cautious consumption boosts over bold reforms.

As Budget 2025 approaches, whispers of scrapping the old income tax regime have grown louder. Has the old regime lost its ...

Ahmedabad: The opposition Congress on Thursday called India’s GST the world’s “worst” such regime, accusing the government of ...

The upcoming budget may focus on the new income tax regime yet again to increase its appeal compared to the old tax regime.

Starting from 2024, the default tax-filing regime will be the New Tax Regime, which features a simplified process but limited ...