The new income tax regime’s revised tax slabs introduce rates ranging from 5% to 30%, with incremental increases across ...

Introduction: The Budget, 2024 has introduced significant changes to individual income tax slabs, making the new tax regime more appealing. While the new regime offers fewer deductions and exemptions, ...

Yesterday, the Government announced that the CGT rates for carried interest arising on or after 6 April 2025 will increase to 32%, in line with the ...

PTI's parliamentary leader, Ali Imtiaz Warraich, expressed concerns about the impact of the bill on the already struggling ...

In the old tax system, the Income Tax Department offered tax benefits on home loans under the Income Tax Act of 1961. But ...

Over 8 crore ITRs have been filed for FY24, with 74% of taxpayers opting for the new tax regime. Learn more about the new tax ...

I plan to opt for the new tax regime when filing my ITR for AY 2025-26. Currently, I am on the old tax regime, so the 12% of ...

On Wednesday 30 October 2024, the UK government announced changes to the UK taxation of carried interest as part of the 2024 ...

As the government’s revenue from personal income tax rises, it will likely face greater scrutiny and higher taxpayer expectations regarding the tax system's efficiency, transparency, stability, and ...

By the end of October, "each province amends their agriculture income tax legislation and regime to fully align it with the ...

India's middle class, earning below Rs 20 lakh, is experiencing a reduced tax burden under the Modi government. Conversely, ...