John Asbury, who is CEO of Atlantic Union Bankshares, said credit unions that compete head-to-head with for-profit banks ...

Sir Keir Starmer faced questions at PMQs after chancellor Rachel Reeves announced a raft of plans to drive economic growth ...

President Donald Trump is concluding his first week in office for his historic second term and has not wasted any time at all with issuing executive orders under federal law declaring national border ...

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. Budget 2025 income tax ...

However, to be able to make that decision, they first need to compute income tax under both the regimes — new and old — for a year and then choose the one that leads to a lower tax outgo for ...

The income tax slabs are periodically revised, usually as part of the Union Budget announcements. During the Budget 2024, a few changes were introduced to the tax slabs under the new tax regime ...

Budget 2025 is anticipated to provide tax relief for salaried individuals. Proposals include raising the tax-free income ...

Budget 2025 income tax: According to government data, the new income tax regime has gained substantial acceptance. (AI image) ...

In the financial year 2023-24, the new tax regime became the default regime. This regime's tax rates are lower than those of the old regime, but it phases out most of the exemptions and deductions.

It is recommended to use the income tax calculator that computes the tax under both the regimes (old and new) before you can ...

Without professional assistance, it becomes difficult for them to assess and choose the most favourable tax regime.” He also pointed out that a taxpayer earning income from a business or ...

You’ll see a much more linear document. Latest data shows almost 3 out of 4 assesses are moving to the New Income Tax regime even when it gives no exemption. How do you read this trend?