India's new Income Tax Act, 2025, effective April 1, 2026, aims to simplify tax rules and enhance compliance. Key changes ...

Will FM Nirmala Sitharaman announce changes in the new income tax regime, which more taxpayers are increasingly adopting to?

Incremental measures could enhance the new tax regime’s appeal, especially for middle-class taxpayers who continue to find ...

(The Center Square) – Every state that implemented an individual income tax since 1960 had both its gross domestic product and total tax revenue decline, Dr. Arthur B. Laffer of The Laffer Center told ...

Courts have validated the faceless assessment framework while insisting on strict adherence to fairness. The key takeaway is that efficiency cannot override the right to a meaningful ...

Changes to tax slabs, a higher exemption limit and a continued push towards the new tax regime helped reduce the tax burden ...

As 2026 gets underway, we look at what lies ahead in terms of changes to tax rates and allowances this year and how it will ...

Over the past few years, the government has steadily pushed the new tax regime as the default option while keeping the old ...