Tax Deducted at Source (TDS) is a vital compliance mechanism under the Indian Income Tax Act, 1961. It ensures the steady inflow of revenue to the government and brings more people into the tax net.

With the start of the new financial year, many income tax changes will take effect; understanding the latest income tax slabs ...

There is a marginal relief of up to Rs 22,222 under the new regime until the net taxable income reaches Rs 7,22,222. Marginal relief ensures that the excess tax liability is limited to the excess ...

A recent study reveals a concerning trend in India: the wealthiest individuals report significantly lower incomes relative to ...