Union Budget 2026 may bring major income tax changes, including revisions in tax slabs, HRA rules, 80C and 80D deductions, ...

The Supreme Court held that compensatory allowances form part of “ordinary wages” for overtime calculation. Executive circulars cannot override the clear mandate of Section ...

If any tax policy changes are announced in Budget 2026, legislative logic dictates they will have to be made directly in the ...

As Budget 2026 approaches, experts suggest tweaks to deductions, slabs and tax certainty to strengthen the new tax regime.

8th Pay Commission Latest News Update 2026: The 8th Pay Commission is currently the most talked-about topic among millions of ...

Cost basis is the original purchase price of an asset. Tracking cost basis is key to tax-efficient investing. Many, or all, of the products featured on this page are from our advertising partners who ...

India's new Income Tax Act, 2025, effective April 1, 2026, aims to simplify tax rules and enhance compliance. Key changes ...

While the final recommendations are yet to be notified, a structured calculation using expected pay panel principles allows ...

Union Budget 2025 brought major relief to salaried taxpayers by revamping income tax slabs under the new tax regime. For ...

As we know, Dearness Allowance (DA) is paid as a fixed percentage of the basic salary. For instance, if an employee’s basic salary is ₹50,000 per month and the DA rate is 30%, then the DA payable will ...

Although not a household scientific name like Albert Einstein or Isaac Newton, Indian mathematician Srinivasa Ramanujan—who tragically died in 1920 at the age of 32—was one of the greatest minds in ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Composite by ...