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

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

Union government collects ₹100 in taxes, but ₹10-11 is collected as cesses, surcharges, and cost of collection.

It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes ...

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

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

He speaks about the new tax regime, complex provisions that exist in the law and his expectations from the new Income Tax Law ...

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

The new law proposes entities handling crypto assets must furnish details of transactions to tax authorities at a specific ...

Residents in this small town an hour west of Wickenburg are now paying more for water under an emergency rate hike.

There is no change in old tax regime. All the benefits like HRA, Housing Loan, Insurance Premium, etc., are still available.