While the new regime is now the default, the government still gives individuals the option to choose what works best for ...

Budget speech, Finance Minister Nirmala Sitharaman shared big news. Under the new regime, if you earn up to Rs 12 lakh, you will not have to pay any income tax. Salaried taxpayers get an extra benefit ...

Many taxpayers are unaware of the income tax slabs that will apply to their income under the new tax regime, which is necessary to calculate their tax liability. This is because the income tax slabs ...

While Donald Trump may be waging war on some of the US’s most prestigious educational institutions, prompting educated ...

Tax deductions for interest paid on loans play a significant role in personal tax planning, offering relief by reducing ...

President Trump's 'big beautiful bill' will provide a boost to the economy in the near term but just a tiny bump over the ...

The Income Tax Department has rolled out significant changes for the financial year 2024-25 (assessment year 2025-26), ...

The government recognises the need to reform Malaysia’s tax structure in order to broaden the tax base. The narrow tax base ...

Without economic and social justice, political freedom is hollow.” – Dr. B.R. Ambedkar. India's economy is often praised as a ...

Old tax regime: In the old tax regime, the exemption limit is Rs 3 lakh (enhanced to Rs 5 lakh for taxpayers aged 80 years or more), and the 87A rebate applies for income up to Rs 5 lakh, allowing ...

Despite that, Kenyans remain hopeful for a ‘friendly’ budget that prioritises their needs and guarantees a favorable tax regime in the coming financial year, despite it being high from last ...