Income Tax: What is rebate under 87A which enables taxpayers earning upto ₹12 lakh to claim zero tax? An explainer
If you have seen the latest tax rates, you must have noticed that there is 5 percent tax on income between ₹4 to 8 lakh and ...
Income Tax Bill News LIVE: New bill may get cabinet approval today, likely to be introduced next week
The Union Cabinet is expected to approve the new Income Tax Bill today, potentially leading to its introduction in the Lok ...
New Tax Regime 2025: These exemptions, deductions will be available for taxpayers
In the Budget 2025, Finance Minister Nirmala Sitharaman increased the income tax rebate limit from Rs 7 lakh to Rs 12 lakh in the New Tax Regime. Effectively, individuals earning up to Rs 12 lakh will ...
Budget 2025 income tax: Personal tax announcements from the Budget and their impact
Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...
State pensioners could have Personal Tax Allowance hiked to £20,000 by HMRC
The government has frozen the personal allowance at £12,570 until at least 2028/29, meaning more pensioners will find themselves paying income tax as the State Pension increases.
Several schools in Delhi, Noida receive bomb threat, police initiate investigation
Several schools in Delhi and Noida received a bomb threat on Friday morning. The police have started an investigation and ...
Parliament Budget Session Day 6 LIVE Updates: Debate On Budget Underway In Lok Sabha
A discussion on the Budget 2025 will be taken up in the Lok Sabha on Friday. The new Income Tax Bill is expected to be tabled next week.