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New Tax Regime

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'Band-aid' solution: Oppn on PM's address to nation on GST

The Congress on Sunday accused Prime Minister Narendra Modi of taking "sole ownership" of the amendments made to the GST regime and said the current reforms were inadequate, with no resolution to......

'Whenever Seat Arithmetic Permits, BJP Will Want Its Own Chief Minister'

'Removing Nitish Kumar prematurely risks unsettling both the alliance balance and parts of the social coalition that delivered this victory.' IMAGE: Nitish Kumar takes the oath as Bihar's chief......

Men posing as RBI officials stop cash van, flee with Rs 7 cr

In perhaps the first such incident in Bengaluru, unidentified men allegedly posing as Reserve Bank of India officials intercepted a ATM cash van and fled with about Rs 7 crore on Wednesday, police......

Bihar polls or Trump tariffs?: Oppn on GST reforms

Senior Congress leader and Rajya Sabha MP P Chidambaram has welcomed the Centre's recent GST rationalisation and rate cuts but criticised the move as being "8 years too late". IMAGE: Finance......

New Tax Regime Could Pinch Small Savings

According to the latest RBI data, PPF receipts have already experienced a decline between April 2023 and February 2024.Other schemes like the Sukanya Samriddhi Account and National Savings......

'No Sunset Clause For Old Tax Regime'

'We have now drastically simplified it, primarily to two rates in long-term capital gains: 20% and the applicable rates. Similarly, in short-term capital gains.' 'For listed shares, there is a......

More than 8 cr ITRs filed for AY2024-25, 74% in new tax regime

More than 8 crore income tax returns for assessment year 2024-25 have been filed this year, of which 74 per cent taxpayers have opted for new tax regime, a source said. Illustration: Dominic......

'We Expect Everyone Will Shift To New Tax Regime Now'

'Nearly 10 million people will benefit from the increase in the rebate limit for those earning up to Rs 12 lakh.''We expect all that money will come back into the economy in either savings,......

New tax regime now more attractive: Sitharaman

Finance Minister Nirmala Sitharaman on Wednesday said the government has made the new income tax regime more attractive for taxpayers and has thus brought about 'substantial changes' in its......

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