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

Now less than a month is left for the presentation of the General Budget 2025-26. In this budget, the government can offer ...

The Indian government increased GST on caramel popcorn from 5% to 18%. This sparked discussions about the high cost of snacks ...

Middle-class taxpayers are expected to get a big relief from the government. There are reports that the government may reduce ...

And once they choose a regime, they cannot change it during the same financial year. Meanwhile, individual taxpayers with non-business income are free to switch between the old and new tax regimes ...

The HUF can also choose the old or new tax regime just like individuals. To form an HUF, families need to: Create a HUF deed stating members and their relationships. Obtain a PAN card for the HUF.

In a message to the new regime taking shape in Syria, Prime Minister Benjamin Netanyahu said on Tuesday that Israel wants to establish relations, but won’t hesitate to attack if it threatens the ...

ITR Filing Deadline: The directive came in response to a PIL citing issues arising from procedural changes in the ITR utility. Check belated ITR filing last date update and how to file belated income ...

Among them was my niece, this small, she was nine years old. She died. What can one say?" Countless people also disappeared into the regime’s brutal prison system, condemned to a life of torture ...

Under section 87A, a taxpayer with a total income of up to Rs 5 lakh under the old regime and up to Rs 7 lakh under the new regime was entitled to a tax rebate of Rs 12,500 and Rs 25,000 ...

However, the Fitment Committee (comprising tax ... old larger vehicles, according to sources. Also, the Group of Ministers (GoM) on GST compensation cess is likely to get a six month extension till ...

The Goods and Services Tax ... par with old larger vehicles, according to sources. Also, the group of ministers on GST compensation cess is likely to get a six-month extension till June, 2025, to ...