(Image: Freepik) Given the favorable bias towards the New Tax Regime, I had anticipated that the Finance Minister would scrap the Old Tax Regime altogether. However, instead of doing so in one go ...

The Finance Minister did not mention the old tax regime during her speech and the Budget document, too, is silent on it. The document, however, specifies that the revised tax slabs apply to those ...

There is a demand for making annual income up to Rs10 lakh tax-free. Taxpayers are also expecting an increase in the standard deduction limit, currently set at Rs50,000 under the old tax regime ...

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.

The old tax regime, which has been in place for decades, allows taxpayers to claim deductions and exemptions under sections like 80C, 80D, and HRA, among others. (Image: Freepik) A day ahead of ...

Their whereabouts baffled historians for centuries until 2012 when experts with the British Museum analysed the 400-year-old “La Virginea Pars” map drawn by one of the colonists named John ...

Since its launch in Budget 2020, the government has regularly revised the new tax regime while keeping the old tax regime unchanged.

Much of New York is under a winter weather advisory, alerting that several inches of snow could make travel difficult. Four counties are expecting even more snow and are under a winter storm ...

President Donald Trump signed an executive order last week requiring the federal government to change the name of the Gulf of Mexico to the Gulf of America on official maps, a move that could take ...

The map below shows the local authority areas where council tax is expected to rise. Residents of Windsor and Maidenhead, west of London, are facing an increase of up to 25 per cent in their tax ...

Historic-preservation and planning experts at City Hall are reviewing a new set of requests from Trolley Square Ventures to demolish or move five dilapidated brick homes along the perimeter of one ...

When Bethany United Methodist Church held its final service in December 2023, the fate of the historic house of worship in the 300 block of Island Street in Hamburg was unclear. Services had been ...