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New Income Tax Bill 2025: Old Vs New Regime Differences, Exemption Limits And More
New Income Tax Bill 2025: We cover everything from tax slabs and the old vs. new regime to the latest rules and exemption limits.
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Union Budget 2025-26: What Does It Offer Senior Citizens?
Union Finance Minister Nirmala Sitharaman on Friday proposed to double the limit for TDS on income interest, hike the threshold on rent and exempt withdrawals from National Savings Scheme (NSS) accounts from tax for senior citizens.
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Modi 3.0's Tax Exemption Limit Is Biggest Ever Since 2005
The Union Budget 2025-26 presented by Nirmala Sitharaman declared that there will be no income tax payable up to a total income of Rs 12 lakh.
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Telangana EV Policy 2024: Here's Everything You Need to Know
Telangana's new EV Policy 2024, announced by Minister Ponnam Prabhakar, offers 100% road tax and registration fee exemptions for EVs until 2026, removing previous caps on eligible vehicles. This move, alongside plans for better charging infrastructure and phasing out diesel buses, supports Hyderabad's goal of reducing air pollution. Citizens are ur...
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Tax-Free Leave Encashment Limit After Retirement Raised To Rs 25 lakh
In line with the Budget announcement, the finance ministry on Thursday hiked the tax exemption limit for leave encashment upon retirement for private sector salaried employees to Rs 25 lakh.
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Here's What Experts Say About Changes Made In LRS For Credit Cards
Tax Collected at Source (TCS) for spending through international credit cards under RBI's Liberalised Remittance Scheme on overseas tour packages and any other remittance (such as for bonds, shares, and real estate gifts) will be exempted within the annual limits of USD 250,000, the government clarified on Thursday.
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Union Budget: Finance Ministry Considering Sops For Middle Class
The government has not raised income tax exemption limit from Rs 2.5 lakh which was fixed in 2014 by the then Finance Minister Arun Jaitley in his first Budget.
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How Is Gratuity Calculated, When Are You Eligible? Read Here
Gratuity: An employee is eligible for gratuity payment after completing 5 years of continuous service with one employer.
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Budget 2021: Senior Citizens 75 Years And Above To Get Major Tax Exemption
Budget 2021: Time limit to reopen an assessment case would to be reduced to three years from the current six years
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Budget 2021 And The Common Man's Personal Finance
Higher exemption limit under Section 80D for health insurance premium will bring relief on tax as well as encourage people to opt for adequate health cover
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Haryana Approves 2% "Panchayat Tax" On Electricity, Agriculture Exempted
The Haryana government on Wednesday decided to levy a two per cent "panchayat tax" on power bills for consumers who fall within the limits of the rural bodies in the state, triggering an opposition demand for its rollback.
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All You Need To Know About Income Tax Benefits For Senior And Very Senior Citizens
Income tax benefits for senior citizens: The exemption limit for the financial year 2020-21 available to a resident senior citizen is Rs. 3,00,000
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Alternative Slabs To Take Country Towards A Simplified Income Tax Regime: Nirmala Sitharaman
The Budget 2020-21 has introduced more tax slabs and offers higher limits provided the taxpayer is ready to forego all the existing exemptions and deductions including those against payment of interest on home loans and tax-savings investments.
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Income Tax Return (ITR) Filing: Tax Slabs, Exemption Limits, Other Rules
For the assessment year 2019-20 (financial year 2018-19), July 31, 2019 is the deadline for individuals to file income tax return.
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Budget 2019: How To Avail Income Tax Benefits Under National Pension System (NPS)
NPS scheme: Union Finance Minister Nirmala Sitharaman increased the income tax exemption limit on withdrawal from NPS and also announced some additional income tax benefits for employees who contribute towards the scheme.
-
New Income Tax Bill 2025: Old Vs New Regime Differences, Exemption Limits And More
New Income Tax Bill 2025: We cover everything from tax slabs and the old vs. new regime to the latest rules and exemption limits.
-
Union Budget 2025-26: What Does It Offer Senior Citizens?
Union Finance Minister Nirmala Sitharaman on Friday proposed to double the limit for TDS on income interest, hike the threshold on rent and exempt withdrawals from National Savings Scheme (NSS) accounts from tax for senior citizens.
-
Modi 3.0's Tax Exemption Limit Is Biggest Ever Since 2005
The Union Budget 2025-26 presented by Nirmala Sitharaman declared that there will be no income tax payable up to a total income of Rs 12 lakh.
-
Telangana EV Policy 2024: Here's Everything You Need to Know
Telangana's new EV Policy 2024, announced by Minister Ponnam Prabhakar, offers 100% road tax and registration fee exemptions for EVs until 2026, removing previous caps on eligible vehicles. This move, alongside plans for better charging infrastructure and phasing out diesel buses, supports Hyderabad's goal of reducing air pollution. Citizens are ur...
-
Tax-Free Leave Encashment Limit After Retirement Raised To Rs 25 lakh
In line with the Budget announcement, the finance ministry on Thursday hiked the tax exemption limit for leave encashment upon retirement for private sector salaried employees to Rs 25 lakh.
-
Here's What Experts Say About Changes Made In LRS For Credit Cards
Tax Collected at Source (TCS) for spending through international credit cards under RBI's Liberalised Remittance Scheme on overseas tour packages and any other remittance (such as for bonds, shares, and real estate gifts) will be exempted within the annual limits of USD 250,000, the government clarified on Thursday.
-
Union Budget: Finance Ministry Considering Sops For Middle Class
The government has not raised income tax exemption limit from Rs 2.5 lakh which was fixed in 2014 by the then Finance Minister Arun Jaitley in his first Budget.
-
How Is Gratuity Calculated, When Are You Eligible? Read Here
Gratuity: An employee is eligible for gratuity payment after completing 5 years of continuous service with one employer.
-
Budget 2021: Senior Citizens 75 Years And Above To Get Major Tax Exemption
Budget 2021: Time limit to reopen an assessment case would to be reduced to three years from the current six years
-
Budget 2021 And The Common Man's Personal Finance
Higher exemption limit under Section 80D for health insurance premium will bring relief on tax as well as encourage people to opt for adequate health cover
-
Haryana Approves 2% "Panchayat Tax" On Electricity, Agriculture Exempted
The Haryana government on Wednesday decided to levy a two per cent "panchayat tax" on power bills for consumers who fall within the limits of the rural bodies in the state, triggering an opposition demand for its rollback.
-
All You Need To Know About Income Tax Benefits For Senior And Very Senior Citizens
Income tax benefits for senior citizens: The exemption limit for the financial year 2020-21 available to a resident senior citizen is Rs. 3,00,000
-
Alternative Slabs To Take Country Towards A Simplified Income Tax Regime: Nirmala Sitharaman
The Budget 2020-21 has introduced more tax slabs and offers higher limits provided the taxpayer is ready to forego all the existing exemptions and deductions including those against payment of interest on home loans and tax-savings investments.
-
Income Tax Return (ITR) Filing: Tax Slabs, Exemption Limits, Other Rules
For the assessment year 2019-20 (financial year 2018-19), July 31, 2019 is the deadline for individuals to file income tax return.
-
Budget 2019: How To Avail Income Tax Benefits Under National Pension System (NPS)
NPS scheme: Union Finance Minister Nirmala Sitharaman increased the income tax exemption limit on withdrawal from NPS and also announced some additional income tax benefits for employees who contribute towards the scheme.
