New draft rules for the Income Tax Act, 2025, are sparking a debate between old and new tax regimes. Salaried taxpayers may find the old regime more beneficial if they can utilise exemptions like ...

Budget 2026 income tax expectations: Finance Minister Nirmala Sitharaman will present the Union Budget 2026 on February 1, 2026 and like every year common man and taxpayers, especially salaried, are ...

Proposed 2026 Income Tax Rules could significantly benefit salaried individuals under the old tax regime. Key changes include ...

India to implement a new direct tax framework from April 1, 2026, replacing the Income Tax Act, 1961, to simplify compliance ...

Many types of income in India are completely exempt from tax under the Income-tax Act, provided certain conditions are met.

Under India’s revised tax structure, individuals earning up to ₹12 lakh annually can pay zero income tax due to the available ...

These draft rules have been published for public feedback and include several changes aimed at making income tax compliance ...

For salaried professionals without significant tax-saving investments or housing rent exposure, the new regime represents both simplicity and fiscal efficiency ...

If you’ve shifted to the new income tax regime, you may be wondering whether ELSS (Equity-Linked Savings Scheme) funds still ...

The new tax law formally embeds faceless assessments into the statute, replacing the earlier scheme-based system and making electronic tax scrutiny the default ...

Starting April 1, 2026, India will transition to the Income Tax Act, 2025, marking a massive shift toward simplified tax ...

An endowment plan is a life insurance product with a savings component built into it. You commit to paying a fixed premium ...