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 ...

Union Finance Minister Nirmala Sitharaman announced that the New Income Tax Act will come into effect on April 1, with rules and tax returns forms to be notified shortly.

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

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

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 ...

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

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

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

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

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

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 ...