Explains how the new tax regime under Section 115BAC impacts higher-income salaried taxpayers, analysing the 25% slab, loss ...

As the Finance Minister readies Budget 2026, salaried taxpayers remain split on whether lower rates can truly replace ...

Draft Income-tax Rules 2026 propose raising the meal voucher exemption to Rs 200 per meal, allowing salaried employees to claim up to Rs 1.05 lakh tax-free annually, subject to regime rules.

The New Tax Regime restricts Section 24(b) benefits, disallowing set-off of home loan interest against salary income. Taxpayers must compare regimes carefully before ...

FM Nirmala Sitharama announced that the new Income Tax Act, notified in July 2025, will take effect from April 1, 2026 ...

Expectations discussed pre-Budget included the possibility of changes to personal taxation, particularly slab revisions and the relevance of standard deductions, as well as how taxpayers might ...