Despite the clear legislative intent behind Section 87A, taxpayers have been receiving intimations under Section 143 (1) of ...

Companies anticipate increased demand due to income tax relief starting in April. This could boost consumption, especially in ...

Maruti Suzuki Chairman R C Bhargava discusses the challenges faced by India's small car market due to rising costs and income ...

“I want to see us move as quickly as we can as a country to changes around personal income tax, including indexation, because bracket creep ... as half a million new homes.

UPI transactions are also monitored by the Income Tax Department just like other forms of income. Follow Us Trending Photos New Delhi: India’s digital journey has seen a major boost with the rise of ...

Know Your Income Tax: What will be your tax liability on salary of Rs 7.50 lakh, Rs 15 lakh, Rs 22.5 lakh or Rs 30 lakh? Proposed New Tax Regime Calculations: Is your salary Rs 12,78,000? Will you be ...

NEW DELHI: The Select Committee of the Lok Sabha, which is reviewing the Income-Tax Bill, 2025, on Thursday called for suggestions and views from experts, industry associations, organisations ...

Opposition Leader Peter Dutton says his plan to index personal income tax brackets is an aspiration ... insisting the change would not require a new mandate from voters. Struggling to make ground ...

The new financial year FY26 has kicked off, and taxpayers are meant to file their income tax returns under ... For instance, if you fall under the high tax bracket and are entitled to fewer ...

"I want to see us move as quickly as we can as a country to changes around personal income tax, including indexation, because bracket creep, as we know, is a killer in the economy," he said.

For most people, income tax makes up the largest portion of the taxes they will pay over their lifetimes. It is also the UK Government's biggest tax source of revenue, accounting for 25 per cent ...

Alexander said the Treasury’s decision not to make personal income tax bracket adjustments effectively imposes a R19.5 billion tax hike on South Africans and working-class families. She said ...