The new tax regime (NTR) was introduced by the Finance Act 2020. At that time, NTR was an optional regime while the old tax regime (OTR) remained the default regime. Also Read: Will my old disease ...

New Tax Regime vs Old Tax Regime: Taxation is a crucial aspect of managing our personal finances. Up until 2020, individuals could only file their taxes using the old regime. However, the ...

Effective AY25, the new tax regime has been made the default regime, and the old tax regime has been made optional.

President-elect Trump and Republican lawmakers are gearing up to push a massive tax-cut bill through Congress next year but ...

The biggest potential payoffs for economic growth come from creating incentives for businesses to make new investments.

74% of taxpayers choose the new tax regime, while updated returns contribute an additional Rs 8,000 crore in taxes for the government The Tribune, now published from Chandigarh, started ...

Industry players have been given 30 days to respond to extensive proposals on a new excise tax framework for the liquor industry. South Africa Wine, a non-profit company supporting the wine and ...

About 74% of individual income tax return filers have also opted for the new income tax regime. Gross direct tax collections rose by 21.2% to Rs 15.2 lakh crore between April 1 and November 10 ...

Congress would have to amend it or pass a new law to erase the credits. If you’ve had an electric vehicle on your Christmas list and were hoping to use the tax credit, political observers said ...

Tax burden on individuals earning less than Rs 20 lakh a year, broadly described as middle class, has come down during the 10 years of Prime Minister Narendra Modi-led government, while there has ...

BEIJING, Nov 13 (Reuters) - China unveiled tax incentives on home and land transactions on Wednesday, aiming to support the crisis-hit property market by increasing demand and easing developers ...