After getting meaningful tax relief in Budget 2025 through higher TDS thresholds and revised slabs, senior citizens are now ...
It seems doubtful that any further significant relief for small and middle-class taxpayers would be provided this year, as ...
India's tax system saw major changes in 2025. Personal income tax was simplified with a new regime becoming the default. GST ...
The Hindu Undivided Family (HUF) structure remains one of the most underrated tools for tax planning, despite being fully recognised under the Income Tax Act. CA Nitin Kaushik points out that most ...
This update explains the major GST and income-tax reforms introduced during 2025. It highlights how simplified rates, faster refunds, and revised tax slabs reduce compliance stress and improve ...
With the new year comes new responsibilities, new rules, new targets, new budgeting, new expenses, and new decisions to make. Tax is one of the crucial factors that plays a major role in a taxpayer's ...
Next year will see the new simplified Income Tax Act, 2025, to come into effect from April 1, replacing the over ...
From 1 April next year, the new Income Tax Act, 2025, will replace the six-decade-old Income Tax Act of 1961. Additionally, ...
In 2025, India significantly reworked its tax system by sharply cutting GST rates and increasing the income tax exemption ...
Whether you opt for the old tax regime with deductions or the new simplified regime, NPS contributions can help you reduce your tax liability while building a retirement corpus.
After GST and income tax, the government's focus will be on customs reforms. In the 2025-26 budget, the customs tariff slabs ...
India overhauled its tax regime in 2025 with sharp cuts in Goods and Services Tax (GST) rates and a higher income tax ...