Under the new income tax regime, taxpayers can now avail of a standard deduction of up to Rs 75,000, which makes an annual ...

An financial influencer suggested widening the tax base and including BCCI and IPL, which he said could bring in Rs 6,000 ...

India collected 2.37 trillion rupees ($28.01 billion) in goods and services tax in April, 12.6% higher than the same period ...

There is a great fondness for wearing and buying gold in India. It is considered a symbol of prosperity and tradition. The ...

Summary: Taxation on agricultural land in India is governed by the Act, 1961, which defines agricultural land based on its ...

Cement contributes significantly to the government exchequer not just due to its high tax rate, but also because credit ...

The old tax regime offers more deductions and exemptions compared to the new tax regime, making it a preferred choice for individuals who can take advantage of these benefits. Additionally, the Budget ...

FY26 has brought with it several tax changes – the biggest one of them being the huge sweetener in the new income tax regime. This, along with major capital gains tax changes announced in July 2024 ...

The World Bank forecast is a tad higher than the International Monetary Fund, which, on Tuesday, projected Indian economy to ...

A recent ruling providing tax relief to NRIs on MF capital gains has taxpayers mulling a move abroad, but the tax authorities ...