One of the biggest concerns for senior citizens is taxation. At present, those aged 60 and above get a basic income tax exemption of ₹3 lakh under both the old and new tax regimes. Experts, however, ...
The upcoming Income Tax Bill further promises to be clearer, reducing the number of chapters in the current law by half, which could lead to greater certainty and reduced litigation ...
The National Pension System (NPS) Vatsalya Scheme was officially launched on September 18, 2024. While Budget 2025 did not revise income tax slabs and rates under the old tax regime, it has extended ...