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

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 ...

Save more tax in old tax regime by claiming up to Rs 8.5 lakh tax deductions for a salary income up to Rs 25 lakh. Moreover, ...

You can use income tax calculator to compute income tax under both the regimes i.e., new tax regime and old tax regime, ...

Under the proposed Union Budget 2025, a ₹60,000 rebate applies to incomes up to ₹12 lakh, enhancing the attractiveness of the new tax regime.

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 ...

Will the new tax regime put more money in your pocket, or should you stick with the old regime? Here is all you need to know.

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

Read this table to see how much tax you can save at different income levels ranging from Rs 9 lakh to Rs 2.4 crore.

For high earners, the new tax regime generally offers more savings, but those with significant deductions may still prefer ...

The highlight of Finance Minister Nirmala Sitharaman's eighth consecutive Budget is the relief to middle-class taxpayers from the salaried class. But the Budget speech, which also announced revised ...

FM Nirmala Sitharaman announced major income tax relief, with no tax payable on income up to Rs 12 lakh. New tax regime to be ...