Experts demand 87A tax rebate increase, accessible home loans, income tax slabs linked with inflation and others from the FM.

Experts recommend clarifying that the rebate should apply to both normal and special income, with exceptions for certain ...

US President Donald Trump, who assumed office on Monday, addressed the ongoing debate surrounding the H-1B foreign guest ...

BJP leader Ramesh Bidhuri took a fresh dig at Delhi Chief Minister Atishi, alleging that her parents supported terrorist ...

Income tax-payers who were denied the tax rebate under Section 87A in July 2024 despite being eligible, ought to complete the process today. In most cases, small tax-payers with ‘special rate ...

What exactly is section 87A? This section of the Income Tax Act allows taxpayers to reap the benefits of the rebate system. A rebate is a partial refund on tax, that is provided by the government.

By strategically utilizing deductions under the Old Tax Regime, salaried individuals can legally reduce their income tax to ...

With the Budget scheduled to be released on Feb 1, 2025 and the new tax regime being the focus of the government, major ...

Ahead of the Budget 2025, here's a comprehensive guide to the key deductions available under the old tax regime.

In India, senior citizens over 75 are not required to file income tax returns for pension and bank interest. The IT Act ...

2.5 lakhs and the entire tax payable up to the income of Rs. 5 lakhs are allowable as a rebate under section 87A for which there is no logical reasoning. Instead, the basic limit itself should be ...