With the start of the new financial year, many income tax changes will take effect; understanding the latest income tax slabs ...

With a host of financial changes set to take effect in April here's a quick guide to the developments that are bound to ...

The new tax regime will have new income tax slabs from FY 2025-26. Many salaried employees hesitated to switch to the new tax ...

Here, the maximum marginal rate in income tax refers to the highest percentage of tax levied from individuals with income belonging to the highest slab.

₹1 crore to ₹5 crore salary: The comparison between the new and old regimes for different salary levels shows variations in tax liability and in-hand income. How much of your high salary do ...

March 15 is the last date to pay advance tax for the current financial year. Advance tax is essentially the tax you pay on all other income besides your salary.

In India, the tax treatment of maturity benefits depends on Section 10 (10D) of the Income Tax Act. Allow us to take a closer look at how it impacts your taxable income.

MPs receive 24% salary hike while average real earnings of regular workers decline, highlighting growing income disparity in India.

As per revised TDS rules, TDS exemption amount on FD interest has been increased to Rs 50,000 for individuals, and Rs ...

Chennai: State govts could levy state income tax to boost their revenue like in the US, former RBI governor C Rangarajan has suggested. But won't this result in heavy taxation? "While this is an ...

Transfers without consideration before divorce are generally exempt from tax. (Representational) Alimony, also known as maintenance, is financial support provided by one spouse to the other during ...