The new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...

Despite the removal of many benefits, certain allowances remain exempt under the new tax regime, providing some relief to ...

This income tax deduction is offered for the contributions made by the employer towards National Pension System (NPS).

The provisions of the New Tax Regime outlined in Section 115BAC of the Income-Tax Act, 1961 will be moved to Section 202 in ...

The Income Tax Bill 2025, a document of 622 pages comprising 536 sections and 23 chapters, is anticipated to be introduced in ...

ELSS mutual funds invest at least 80% in stocks in accordance with Equity Linked Saving Scheme, 2005. These schemes have a ...

The new Income Tax Bill will replace the current Income Tax Act, once it becomes effective from April 1, 2026. However, many ...

The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, introduced several key changes to the income tax ...

The new Income Tax Bill, tabled today in the Lok Sabha, retains all the deductions and exemptions but under new section ...

In the latest income tax bill, a significant change has been made regarding deductions under section 80C of the Income-Tax ...

The Income Tax Department has introduced an online calculator for taxpayers to compare their potential savings under the ...

ELSS offers high returns, tax efficiency, and flexibility, making it a compelling long-term investment option despite new tax regime.