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The new Income Tax Bill will replace the current Income Tax Act, once it becomes effective from April 1, 2026. However, many ...
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...
Income Tax Exemption Limits However, the old tax regime will be same as earlier. Here are the slabs till now: The existing tax brackets under the Old Tax Regime remain in effect for the financial ...
The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...
Amid the new Income Tax Bill 2025, we answer some FAQs on tax slabs, old vs new regime, the new income tax rules, exemption ...
Now, according to the old tax regime slabs, you would pay a total income tax of Rs 1,72,500 -- Rs 52,000 more than what you will pay under the new regime. Divya Baweja, Partner, Deloitte India ...
In 2020, the Government of India introduced a new tax regime that offered concessional tax rates while scrapping most of the deductions and exemptions offered under the old tax regime. Most small ...
New Tax Regime vs Old Tax Regime Slabs and Rates: Finance Minister Nirmala Sitharaman has announced significant income tax relief for the middle class in the Union Budget 2025. Budget 2025 New Tax ...
FM Nirmala Sitharaman announced major income tax relief, with no tax payable on income up to Rs 12 lakh. New tax regime to be ...
Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...
Finance Minister Nirmala Sitharaman has proposed significant tax reforms for middle-class taxpayers in India. With zero tax on incomes up to ₹12 lakh and reduced rates for higher brackets, here’s how ...
Now, according to the old tax regime slabs, you would pay a total income tax of Rs 1,72,500 -- Rs 52,000 more than what you will pay under the new regime. Divya Baweja, Partner, Deloitte India, told ...
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