A revision in section 80D would not only support taxpayers but also strengthen the health insurance industry, making quality ...

According to one expert, the benefits of reduced tax slab rates in the new regime far outweigh the practical hassles of ...

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

With an improved contribution framework and tax benefits, the new NPS rules mark a pivotal shift in how government employees ...

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

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

The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...

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

The Income-tax Bill cuts some clutter of the existing Act and introduces new illustrative tables, while maintaining ...

Income Tax Bill 2025 eliminates deduction for inter-corporate dividends for companies opting for 22% tax rate, causing double ...

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