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

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

Tax experts explain how the new income tax changes impact taxpayers across income levels, from Rs 6 lakh to Rs 1 crore, after ...

The new tax regime starting FY 2025-26 offers tax exemption for earnings up to Rs 12.75 lakh annually. Despite the new ...

Salary income: The standard deduction of INR 75,000 will continue for new regime taxpayers, compared to INR 50,000 under the old tax regime. The new tax regime provides a total rebate of INR ...

A major change introduced in the Finance Bill 2025 is restructuring the New Income Tax regime to provide more take home to salaried employees and encourage them to spend or invest further. The change ...

The Finance (No.2) Act, 2024 had the following slabs in the new tax regime for person, being an individual or Hindu undivided ...

Are you left scratching your head about the changes in tax slabs in the new regime announced in Union Budget 2025? Wondering ...

With a standard deduction of Rs 75,000 under the new regime, salaried taxpayers earning up to Rs 12.75 lakh annually do not ...

Finance Minister Nirmala Sitharaman announced zero income tax for up to Rs 12 lakh under the new tax regime. The standard ...

Finance Minister Nirmala Sitharaman has announced new income tax slabs in the New Tax Regime. We take a look at from when this is its applicable for salaried individuals, and other details.

Marginal relief is available to resident individuals whose income exceeds ₹12 lakh but does not exceed ₹12.75 lakh. If a ...