The income tax return form, by default, applies to the new regime. It inquires from the taxpayers whether they wish to come out under Section 115 BAC. Selecting 'Yes' transfers them to the old tax ...

Let's say you had earlier chosen the old tax regime, but now the new regime appears more beneficial after reviewing your ...

The attractiveness of the new tax regime has increased due to a hike in tax rebate under Section 87A and new income tax slabs ...

I-80 sinkhole repair work is progressing as area businesses can apply for grants to help with lost revenue caused by the ...

American studios Lehrer Architects and AyD have used thick concrete slabs to create an open-air "vertical mausoleum" covered ...

The revisions introduced under the new tax regime is aimed to make the new regime easier, cut down on paperwork, and minimise ...

The new 2025-26 income tax regime, offering up to ₹12 lakh of tax-free income per year, presents opportunities for growth.

The federal government is likely to offer major tax relief to the salaried class in Pakistan’s Budget 2025-26, with a ...

Construction Administration Associate Director Evangelia Ieronymaki’s research advances a structural model that may improve ...

A taxi driver has been sacked after video footage posted online appeared to show him fly-tipping in a lay-by in Derbyshire.

Recent discoveries offer deeper insight into the movement of tectonic plates. New research has found that variations in rock ...

There is no tax on income of Rs 12 lakh or less, and salaried taxpayers can get tax exemption of up to Rs 12.75 lakh because of a Rs 75,000 standard deduction.