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 ...

The Union Budget 2025-26 has kept the tax slab rates unchanged for salaried individuals below 60 years old. The existing tax slab rates are as follows: nil for individuals earning up to INR 2.5 ...

Recognising the significant contributions of the middle class, the Government of India has consistently reduced their tax ...

With no income tax burden for income levels up to Rs 12.75 lakh, a large section of salaried taxpayers stands to benefit.

The Union Budget 2025 introduces a revamped tax regime, exempting individuals earning up to Rs 12 lakh annually from income ...

Explore the key differences between the old and new tax regimes in India. With Budget 2023 changes, find out which tax system ...

With Finance Minister Nirmala Sitharaman announcing big rebates for taxpayers in the middle-income group under the new tax ...

The new tax regime offers significant benefits for income up to Rs 12 lakh (Rs 12.75 lakh for salaried), surpassing the old ...

Budget 2025-26 introduces significant changes in the tax structure, offering greater relief to middle-class taxpayers by ...

The new tax regime will come into effect from the new financial year 2025-26, starting on April 1, 2025, provided the ...

Many taxpayers preferred the old tax regime because it allowed them to claim deductions for expenses like house rent, home ...

The old tax regime, which remains unchanged in the 2025 Budget, allows taxpayers to claim various exemptions such as House Rent Allowance (HRA), deductions under Section 80C (like for life insurance ...