Marginal relief in income tax explained: Who it applies to and how it works under new vs old tax regime

Marginal relief helps those earning slightly above a certain tax limit, making tax burdens more manageable in both the old ...

Budget 2026: Income tax rates explained – Who pays zero, Who gets relief, How new IT regime works

The Union Budget has clarified several aspects related to the rate of income tax through detailed FAQs issued by the ...
CNBCTV18

Explained: Why income tax notices are rising and how taxpayers can avoid them

Income Tax Department ramps up AI driven data checks, more tax notices for salaried, freelancers and small businesses, ...
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SALT deduction explained: Limits, eligibility, and tax planning tips

The SALT deduction is a federal itemized deduction for certain state and local taxes you paid during the tax year. You can only deduct state and local income taxes (or sales taxes), real property ...
CNBCTV18

Income tax return filing for FY26: Key changes in new ITR forms explained

Income Tax Department updates ITR forms for AY 2026-27, expanding disclosures for salaried taxpayers, traders and small ...
WTEN

Assembly and Senate propose income tax changes

ALBANY, N.Y. (NEXSTAR) — There were proposed personal income tax changes in the legislative budget proposals. On Thursday, with both houses in session, assemblymembers, in particular, were in debate ...
Business Today

₹200 per meal rule explained: How you can maximise tax savings under new, old tax regimes

The latest income tax rules have made food card benefits more attractive, especially for those opting for the new tax regime. From April 1, 2026, the tax-free limit on employer-provided meals has been ...