The European Commission has begun infringement proceedings for Portugal failing to apply two European directives on VAT, namely on reduced rates and the regime applied to small businesses, giving the ...

Colombia’s regulatory landscape for online gambling is undergoing significant changes. The nation’s gambling watchdog, ...

The budget’s biggest, shiniest takeaway: no tax on income up to ₹12 lakh. Union finance minister Nirmala Sitharaman’s announcement was met with much cheer and enthusiastic number-crunching ...

Budget 2025 income tax expectations: Most personal tax experts are of the view that the government will phase out the old income tax regime in the coming years. However, they are divided on how soon.

New Tax Regime vs Old Tax Regime Slabs and Rates: Finance Minister Nirmala Sitharaman has announced significant income tax relief for the middle class in the Union Budget 2025. Budget 2025 New Tax ...

it is quite tempting for the taxpayers now to choose a new tax regime over the old tax regime. Sample this: If your income is ₹12.75 lakh, income tax in the new tax regime is 0 whereas in the ol ...

Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant income tax relief for the middle class in the Union Budget 2025, eliminating ...

(Image: Freepik) Given the favorable bias towards the New Tax ... new tax regime on income over Rs 4 lakh. Moreover, you still have to pay tax on your income which is subject to special rate ...

The tax slabs under the new regime have been revised in Budget 2025. A salaried individual will pay zero tax for annual income up to Rs 4 lakh. In the Rs 4 lakh - to Rs 8 lakh bracket, 5 per cent ...

Check the latest slabs of income tax and rates under the new tax regime for those earning above Rs 12 lakh. The adjustment in income tax rates is expected to enhance consumer spending in the economy.

New Income Tax Regime AY 2025-26: Finance Minister Nirmala Sitharaman, in her Union Budget 2025 speech, announced a major tax relief for taxpayers, stating that no income tax will be payable on ...

Holidaymakers are being reminded that a number of popular destinations charge a tourist tax which should be kept ... Visitors to certain destinations within Spain and France have long had to ...