In the Budget 2025, Finance Minister Nirmala Sitharaman increased the income tax rebate limit from Rs 7 lakh to Rs 12 lakh in ...

In Budget 2025, the government opted not to modify the existing tax regime or introduce any new deductions. Finance Minister ...

The new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...

Despite the removal of many benefits, certain allowances remain exempt under the new tax regime, providing some relief to ...

Under the old tax regime a standard deduction of Rs 50,000 is available for the salaried class, on the other hand, under the ...

Finance Minister Nirmala Sitharaman announced a major tax relief by raising the tax slab under the new tax regime for the ...

The new tax regime allows a salaried individual to claim a standard deduction of Rs 75,000 from the salary income. There is ...

Introduced in the Union Budget 2020, the new tax regime offers significant reductions in tax rates, but limits the ...

What if someone earning above Rs 12.75 lakh annually chooses the old regime and claims the maximum deductions? Will it result ...

Save more tax in old tax regime by claiming up to Rs 8.5 lakh tax deductions for a salary income up to Rs 25 lakh. Moreover, ...

Finance Minister Nirmala Sitharaman may not scrap the old tax regime, but tax sops, if any, are likely to be announced only ...

Finance Minister Nirmala Sitharaman implemented changes to the slabs, rates, and rebates under the New Tax Regime to ...