New Delhi, July 26 -- In Budget 2024, several changes were rolled out by Finance Minister Nirmala Sitharaman regarding standard deduction, securities transaction tax (STT), TDS (tax deducted at source... Read More
New Delhi, July 26 -- Budget 2024 removed the provision ofindexation in the calculation of capital gain tax. A study tried to evaluate its impact on the quantum of taxes and discovered that the taxes,... Read More
New Delhi, July 25 -- With the revision of tax rates in the new tax regime (NTR) announced in Budget 2024, some taxpayers are in a dilemma about the rates at which they have to calculate their income ... Read More
New Delhi, July 24 -- In Budget 2024, the central government has sweetened the new tax regime with more slab relaxations and an increase in the standard deduction from Rs.50,000 to Rs.75,000. However,... Read More
New Delhi, July 23 -- The Government of India levies income tax at slab rates ranging between 0 and 30 per cent with a surcharge (up to 25 per cent) in addition to levying a 4 per cent health and educ... Read More
New Delhi, July 23 -- Your income from letting out of a house or part of your house will henceforth not be charged under the head 'profits and gains of business or profession'. Instead, it will be cha... Read More
New Delhi, July 23 -- Your income from letting out of a house or part of your house will henceforth not be charged under the head 'profits and gains of business or profession'. Instead, it will be cha... Read More
New Delhi, July 23 -- Unless you are living under a rock, you must be aware that thenew tax regime (NTR) was introduced in Budget 2020. And year after year, it became increasingly significant with the... Read More
New Delhi, July 23 -- Union Finance and Corporate Affairs minister Nirmala Sitharaman announced the Budget 2024 on Tuesday where not only she revised the income tax rates in the new tax regime (NTR) b... Read More
New Delhi, July 23 -- The Finance Bill is initiating simplifications in the tax regime for charities, the structure of tax deducted at source (TDS) rates, reassessment provisions, search provisions, a... Read More