Income from the Agnipath Scheme (Section 80CCH) Allowances Still Exempt under New Tax Regime 2025 Transfer-Related Allowance: Tax-free transition expenses can be claimed by employees relocating ...

The new Income Tax Bill will replace the current Income Tax Act, once it becomes effective from April 1, 2026. However, many ...

The Income Tax Bill 2025 is a big step forward in making India’s tax system friendlier but there are areas that need review. Constructive stakeholder consultations will be key to refine its provisions ...

The objective of the new Bill is to streamline the Income Tax Act, making it more succinct, understandable, and user-friendly ...

Under the new bill, the draft proposes a standard deduction of Rs 75,000 or the salary, whichever is less, where income is ...

The new Income Tax Bill 2025 consolidates salary provisions for clarity, incorporating previous deductions into the salary ...

The proposed Income Tax Bill, 2025 aims to simplify the tax system with a reduction in sections and word count, introduce a ...

Last week, six councils were allowed to increase council tax above the usual 5% threshold, putting more of a burden onto ...

For residents, the existing laws provide that any sum received from an Ulip would be exempt from tax under Section 10(10D) of the Income Tax Act, if the premium paid does not exceed Rs 2.5 lakh.

The government increased the tax exemption limit to Rs 12 lakh and revised rates lower under the New Tax regime in the Budget ...

Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2024 fourth quarter and twelve months ended December 31, 2024. 2024 Fourth Quarter Financial and Operating ...

MVB Financial Corp. today announced financial results for the fourth quarter and year ended December 31, 2024.