For property bought prior to July 23 2024, the tax on LTCG is computed as lower of 12.5% (without indexation) or 20% (with ...

Any individual who earned more than Rs 2 lakh per annum had to pay an addition super-rich surcharge of 10-15%.

The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...

A Maryland Bureau of Revenue Estimates analysis of Moore’s budget plans hows that modest-income earners will see their taxes ...

Taxpayers should note the revised tax slabs and rates announced in Budget 2025-26 will only be applicable for the Financial ...

Central Board of Direct Taxes expects the Institute of Chartered Accountants of India to go through the bill ...

Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...

Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...

The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...