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  Budget 2025: Modified UDAN scheme to connect 120 destinations to be launched, says Sitharaman

  Budget | February 01, 2025 12:50 IST

  Budget 2025: The spotlight this time would also be on spending on key schemes like NREGA as well as key sectors like health and education.

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  Budget 2025: Hike in exemption limit to boost in NPS, taxpayers could expect three key changes

  Budget | February 01, 2025 10:41 IST

  Budget 2025: One of the key changes could be an increase in the basic exemption limit from Rs 3,00,000 to Rs 3,50,000. If the Centre approves it , this would provide relief to individuals by boosting disposable income, which, in turn, could support consumption.

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  Budget 2025: I-T exemption threshold remains unchanged for 10 years - Will FM raise it this time?

  Budget | January 31, 2025 18:31 IST

  Budget 2025: GTRI also suggested simplifying the Tax Deducted at Source (TDS), which was introduced in 1961 with four categories: salaries, interest on securities, dividends, and payments to contractors.

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  Budget 2025: Expected changes that may bring relief for common man

  Budget | January 31, 2025 16:11 IST

  The old tax regime exempts income up to Rs 2.5 lakh from taxes and income from Rs 2.5-5 lakh attracts 5 per cent tax.

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  Budget 2025: When was Income Tax introduced in the Union Budget? Know here

  Budget | January 31, 2025 7:56 IST

  Budget 2025: With Union Budget 2025 around the corner, discussions on income tax slabs, exemptions, and potential reforms are once again in focus, as taxpayers eagerly await announcements that could impact their financial planning for the coming year.

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  Zero tax nations vs high tax countries: A global look at Income Tax systems

  January 23, 2025 18:41 IST

  Discover the stark differences between tax-free countries like the UAE and Kuwait, where citizens enjoy zero income taxes, and high-tax nations like Finland and Denmark, which fund social welfare programs. This global tax comparison highlighted diverse economic models and their impact on citizens.

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  Budget 2025: Big relief for taxpayers? Govt likely to introduce new Income Tax Bill, say sources

  Budget | January 18, 2025 23:12 IST

  The government is set to unveil a new Income Tax Bill during the Budget 2025 session, replacing the decades-old Income Tax Act, 1961.

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  Centre likely to announce personal income tax relief in upcoming Budget 2025: ICRA

  Budget | January 17, 2025 13:17 IST

  Budget 2025: ICRA estimated a 12 per cent growth in direct tax collections for FY2026, driven by increased income and corporate tax revenues.

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  What happens if you don't pay tax in India? Here's all you need to know

  Business | January 12, 2025 10:58 IST

  Tax in India: In India, failing to pay taxes can lead to a series of legal and financial consequences. Read to know what can happen if you don't pay your taxes.

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  Claim tax exemption on rent without HRA: A complete guide to Section 80GG benefits

  January 10, 2025 19:52 IST

  Know how to claim tax exemptions on rent payments even if you don’t receive HRA. Under Section 80GG of the Income Tax Act, salaried and self-employed individuals can save taxes by meeting specific conditions.

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  Budget expectations: Will Section 80C limit increase for taxpayers? Key deductions to watch out for

  January 17, 2025 11:52 IST

  As the Union Budget 2025 approaches, there is growing anticipation for changes to the Section 80C tax deduction limit, which has remained at Rs 1.5 lakh since 2014.

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  Budget 2025: Taxpayers anticipate income tax relief, know current slabs under new and old tax regime

  January 17, 2025 11:55 IST

  Budget 2025: As Budget approaches, taxpayers are eagerly awaiting Finance Minister Nirmala Sitharaman’s announcement on February 1, 2025, with hopes for significant income tax relief. Here's a detailed comparison of the current slabs under the new and old tax regimes.

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  Budget 2025: Date, time, stock market updates for February 1 presentation

  Business | January 02, 2025 16:17 IST

  Budget 2025: Finance Minister Nirmala Sitharaman to present the Union Budget on February 1, 2025, at 11:00 AM. Stay tuned for live updates on income tax relief, fiscal reforms, and stock market reactions as the Modi government unveils its fiscal roadmap.

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  Financial planning for young professionals: Here’s how you can save income tax in 2025

  January 02, 2025 14:35 IST

  Financial planning young professionals: Here are some preparations you can make to ensure you are optimising your tax savings.

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  ITR filing: Deadline of 'Vivad Se Vishwas' extended, revised and belated filing now till January 15

  December 31, 2024 12:48 IST

  The Income Tax Department has extended the deadline for filing revised and belated ITR for AY 2024-25 to January 15, 2025. This move, announced by CBDT, aims to help taxpayers address AIS and ITR mismatches and ensure accurate filings. Here’s everything you need to know.

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  Will Digi Yatra data be used to crack down on tax evaders? Income Tax department responds

  Business | December 30, 2024 18:08 IST

  Digi Yatra is managed by the Digi Yatra Foundation. Its shareholders are Airport Authority of India (AAI), Cochin International Airport Ltd (CIAL), Bangalore International Airport Ltd (BIAL), Delhi International Airport Ltd (DIAL), Hyderabad International Airport Ltd (HIAL) and Mumbai International

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  Income tax calendar 2025: Key deadlines for January you need to know

  Business | December 30, 2024 13:14 IST

  Knowing crucial dates is necessary to avoid penalties and ensure a smooth tax filing process. Here are some of the key dates that you need to check for January 2025.

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  Income tax raid in Jaipur seizes Rs 9.65 Crore, 12.61 kg of gold, silver and cryptocurrency account

  Rajasthan | December 23, 2024 16:09 IST

  The raid in Jaipur and the discovery of the cryptocurrency account mark a pivotal moment in the Income Tax Department’s ongoing campaign against financial crimes.

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  Only 6.68 pc of population filed income tax return in 2023-24 fiscal | DEATILS

  Business | December 17, 2024 18:27 IST

  Income tax returns: The total number of individuals reporting zero taxable income in their ITRs is 4.90 crore in Assessment Year 2023-24, up from 4.64 lakh in 2022-23.

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  Attention taxpayers: CBDT issues alerts to taxpayers on mismatch in ITR, information statement

  Business | December 17, 2024 15:37 IST

  The Central Board of Direct Taxes (CBDT) in a statement said it has launched an electronic campaign to assist taxpayers in resolving mismatches between the income and transactions reported in the AIS and those disclosed in Income Tax Returns (ITRs) for the financial years 2023-24 and 2021-22.