Finance Minister Nirmala Sitharaman announced the new tax slabs under the new tax regime, thus offering tax saving for ...

Times Now simplified here. Tax Slabs and Rates Comparison Between New Tax Regime Vs. Old Tax Regime One of the primary ...

As Union Budget 2025 looms on the horizon, speculation is rife regarding the potential introduction of a new income ... The key difference between the two regimes is that the Old Tax Regime ...

New Delhi: In a major move to ease the tax burden on middle-class taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced fresh tax slabs under the New Tax regime in the Union Budget ...

Deduction for employee’s contribution towards National Pension Scheme (NPS): To extend deduction of Rs 50,000 under section 80CCD(1B) to bring in parity between old income tax regime and new ...

What's the difference between the old tax and new tax regime and which one could be more beneficial for you? Pranjal Kamra and Sonal Mehrotra Kapoor explain the key differences between the two tax ...

Here's a breakdown of the current tax bands under the new and old tax systems to help you understand what they mean. This regime is the current one. However, taxpayers must waive the HRA ...

Currently, the new ... between ₹3 lakh and ₹7 lakh are taxed at 5%. The rates continue to increase, reaching 30% for income exceeding ₹15 lakh. In contrast, the old tax regime allows for ...

There are two types of income tax slabs - one under new tax regime and other under old tax regime. What is the difference between gross income and taxable income? Gross income includes all your ...

income tax in the new tax regime is 0 whereas in the old regime tax would be ₹1.8 lakh. The key difference between the old and new tax regime is that the old regime allows taxpayers to claim tax ...