While the new regime has fewer levers, there are still legitimate strategies available to reduce tax liability. When Budget ...

In this blog post, I’ll break down what these schedules are, provide real-world examples, and explain how to report them on ...

The draft of India’s 2025 Income Tax Bill simplifies the language of the complex 1961 Act. This is welcome. But the effort ...

Some countries across the Gulf, Europe, and Asia allow residents to keep 100% of their earnings as they impose no income tax.

Budget 2025 updates tax slabs under section 115BAC, offering zero tax up to ₹12 lakh income with rebate and marginal relief. Old regime remains ...

India's new income tax bill proposes sweeping powers for authorities to access taxpayers' emails, trading and social media accounts during searches, activities which are not covered in the current ...

Currently, under the new system, annual income of up to 1.5 million rupees (about $17,300) attracts a tax rate of between 5% and 20%, while income of more than that is taxed at 30%.

Following the end of the tax year, which falls on 5 April each year, we look at the income tax rates and tax-free allowances. What income tax will I pay? Income tax is calculated on your earnings ...