Originally, the Central Board of Direct Taxes (CBDT) originally set December 31, 2024, as the deadline for filing belated or ...

Also, the return-filing process needs to be simplified for NRIs, who are facing several challenges as tax refunds are not ...

This means if you want to avail any of these exemptions, you must opt specifically for the old tax regime. Here, we list some ...

Finance Minister Nirmala Sitharaman’s Budget 2024 modified income tax slabs, favouring the new tax regime. The old regime, ...

While the old regime allows for various exemptions and deductions, the new regime offers reduced tax rates with limitations ...

Finance Minister Sitharaman revamped the income tax slabs in Budget 2024, enabling savings of up to ₹17,500. The standard ...

Salaried employees opting for the old tax regime for FY 2024-25 must submit investment proofs to claim exemptions and ...

India's Budget 2025 may potentially abolish the old tax regime. The new tax regime, default since 2020-21, offers simplified, ...

The opposition Congress on Thursday called India's GST the world's worst such regime, accusing the government of being ...

Starting from 2024, the default tax-filing regime will be the New Tax Regime, which features a simplified process but limited ...

India currently offers two tax regimes: the old regime with higher tax rates and more exemptions, and the new regime with ...

The countdown for the union budget has officially begun as we enter the new year. As Finance Minister Nirmala Sitaraman will ...