Salaried employees opting for the new tax regime from April 1, 2026, will get tax advantages on non-cash benefits such as meals and cars ...

Know how much tax you will have to pay in FY 2024-25? Calculate your tax under new tax regime for this financial year step by step and also find out your take home salary after tax deduction at Hindus ...

New Income Tax Rules: In the last few years, many taxpayers have moved to the new regime as it offers lower tax rates and less paperwork. But there's a trade-off.

The 2018 Tax Act created a new deduction for qualified business income earned by an individual. The basic deduction is 20% of the income earned from the business. This deduction is available whether ...

Effective April 1, new rules raise children’s allowances, standardise car and housing benefits taxation, and tighten documentation norms under the old tax regime ...