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

The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...

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

The new tax regime was introduced to simplify the tax filing process and offer lower tax rates. However, it does not include ...

What if you earn more than Rs 12.75 lakh? Should you pick the new tax regime for lower rates or stick to the old one for ...

As per the Old Tax Regime which allows deductions under ... Senior citizens also get exemptions such as HRA and LTA. Tax Slabs Under the New Tax Regime which is applicable in the financial year ...

With key updates in 2023 Budget, taxpayers are left wondering which tax regime—old or new—offers best savings for their financial situation?

Individuals earning up to Rs 12,00,000 per annum exempted from income tax; salaried taxpayers get additional Rs 75,000 ...

Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...

India offers two income-tax regimes: the older one with various exemptions and deductions, and a newer simplified regime with ...