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Old Tax Vs New Tax Regime: What Budget 2026 May Change For India's Salaried Class
Government data shows this strategy is already working. For FY 2023-24, 72% of taxpayers, around 5.27 crore, chose the new tax regime.
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Old Tax Vs New Tax Regime: What Budget 2026 May Change For India's Salaried Class
Government data shows this strategy is already working. For FY 2023-24, 72% of taxpayers, around 5.27 crore, chose the new tax regime.
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Budget 2026: What Is Standard Deduction And How It Helps Taxpayers
Finance Minister Nirmala Sitharaman will present the Union Budget 2026 on February 1. The Budget may introduce measures to make taxes fairer, boost savings, and encourage wealth creation across asset classes, as per Ernst & Young.
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Income Tax Rule 2026: How Will New Changes Affect Taxpayers
After GST and income tax, the government's focus will be on customs reforms. In the 2025-26 budget, the customs tariff slabs have been reduced to eight.
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India Revamps Tax Regime In 2025, New Act Comes Into Effect From April 1
India overhauled its tax regime in 2025 with sharp cuts in Goods and Services Tax (GST) rates and a higher income tax exemption limit, with the spotlight now turning to customs duty rationalisation and procedural simplification in the coming Budget.
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Income Tax Officers To Access Your Bank, Social Media Accounts? A Fact Check
PIB clarified that Income Tax officials cannot access social media or email data of taxpayers unless a formal search operation is underway.
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Withdrawing Cash? New Rules Could Cost You 84% of Whatever is Lying at Home
For individuals and small businesses used to handling cash, the message is clear: document everything or risk financial ruin.
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New Income Tax Rules Take Effect April 1: What Taxpayers Need To Know
Key changes include easier language, streamlined ITR forms, the introduction of a clear "Tax Year" concept, and reduced ambiguity in provisions.
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'Paying Hidden Tax': Bengaluru Techie's Rant Over Traffic, Commute Viral
In the post titled "Traffic is the new tax", the user, a tech employee for Oracle, living in JP Nagar, detailed their commute problems.
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Income Tax Return Deadline Extended, It Can Now Be Filed Till Today
The deadline for filing Income Tax returns has been extended by a day to Tuesday, the Centre announced late on Monday night.
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Earning Rs 2.76 Lakh A Month? Sweden Could Offer You PR
Getting a PR in Sweden isn't a dream anymore! Check out this guide to getting a hassle-free PR in Sweden as an Indian.
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19 Bills, Including New Income Tax Act, Passed Without Protesting Opposition
Nineteen bills - including two critical proposals, one to overhaul the Income Tax Act of 1961 and another to amend the Constitution to sack ministers facing criminal charges - were passed sans discussion or debate with the opposition.
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Income Tax (No 2) Bill Clears Lok Sabha. What Is In 'S.I.M.P.L.E' New Law?
The Income Tax (No 2) Bill cleared the Lok Sabha sans debate Monday but to the cacophony of opposition MPs protesting the voter list revision in Bihar.
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"Normal Parliamentary Procedure": Kiren Rijiju On New Income Tax Bill
Amid criticism of the new Income Tax Bill's withdrawal from the Lok Sabha, Union Minister Kiren Rijiju said that introducing a Bill in Parliament after necessary amendments is a normal procedure.
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Income Tax Bill 2025 Withdrawn, New Version To Be Introduced On Monday
The Income Tax Bill 2025, which was introduced in the Lok Sabha on February 13 to replace the Income Tax Act, 1961, has been formally withdrawn.
-
Old Tax Vs New Tax Regime: What Budget 2026 May Change For India's Salaried Class
Government data shows this strategy is already working. For FY 2023-24, 72% of taxpayers, around 5.27 crore, chose the new tax regime.
-
Old Tax Vs New Tax Regime: What Budget 2026 May Change For India's Salaried Class
Government data shows this strategy is already working. For FY 2023-24, 72% of taxpayers, around 5.27 crore, chose the new tax regime.
-
Budget 2026: What Is Standard Deduction And How It Helps Taxpayers
Finance Minister Nirmala Sitharaman will present the Union Budget 2026 on February 1. The Budget may introduce measures to make taxes fairer, boost savings, and encourage wealth creation across asset classes, as per Ernst & Young.
-
Income Tax Rule 2026: How Will New Changes Affect Taxpayers
After GST and income tax, the government's focus will be on customs reforms. In the 2025-26 budget, the customs tariff slabs have been reduced to eight.
-
India Revamps Tax Regime In 2025, New Act Comes Into Effect From April 1
India overhauled its tax regime in 2025 with sharp cuts in Goods and Services Tax (GST) rates and a higher income tax exemption limit, with the spotlight now turning to customs duty rationalisation and procedural simplification in the coming Budget.
-
Income Tax Officers To Access Your Bank, Social Media Accounts? A Fact Check
PIB clarified that Income Tax officials cannot access social media or email data of taxpayers unless a formal search operation is underway.
-
Withdrawing Cash? New Rules Could Cost You 84% of Whatever is Lying at Home
For individuals and small businesses used to handling cash, the message is clear: document everything or risk financial ruin.
-
New Income Tax Rules Take Effect April 1: What Taxpayers Need To Know
Key changes include easier language, streamlined ITR forms, the introduction of a clear "Tax Year" concept, and reduced ambiguity in provisions.
-
'Paying Hidden Tax': Bengaluru Techie's Rant Over Traffic, Commute Viral
In the post titled "Traffic is the new tax", the user, a tech employee for Oracle, living in JP Nagar, detailed their commute problems.
-
Income Tax Return Deadline Extended, It Can Now Be Filed Till Today
The deadline for filing Income Tax returns has been extended by a day to Tuesday, the Centre announced late on Monday night.
-
Earning Rs 2.76 Lakh A Month? Sweden Could Offer You PR
Getting a PR in Sweden isn't a dream anymore! Check out this guide to getting a hassle-free PR in Sweden as an Indian.
-
19 Bills, Including New Income Tax Act, Passed Without Protesting Opposition
Nineteen bills - including two critical proposals, one to overhaul the Income Tax Act of 1961 and another to amend the Constitution to sack ministers facing criminal charges - were passed sans discussion or debate with the opposition.
-
Income Tax (No 2) Bill Clears Lok Sabha. What Is In 'S.I.M.P.L.E' New Law?
The Income Tax (No 2) Bill cleared the Lok Sabha sans debate Monday but to the cacophony of opposition MPs protesting the voter list revision in Bihar.
-
"Normal Parliamentary Procedure": Kiren Rijiju On New Income Tax Bill
Amid criticism of the new Income Tax Bill's withdrawal from the Lok Sabha, Union Minister Kiren Rijiju said that introducing a Bill in Parliament after necessary amendments is a normal procedure.
-
Income Tax Bill 2025 Withdrawn, New Version To Be Introduced On Monday
The Income Tax Bill 2025, which was introduced in the Lok Sabha on February 13 to replace the Income Tax Act, 1961, has been formally withdrawn.
