In Budget 2025, the government opted not to modify the existing tax regime or introduce any new deductions. Finance Minister ...
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, ...
The Union Budget 2024 increased the standard deduction from Rs 50,000 to Rs 75,000 under the new tax regime, simplifying tax ...
In the Union Budget 2025, Finance Minister Nirmala Sitharaman is expected to adjust the personal income tax rules under the ...
Finance Minister Nirmala Sitharaman may not scrap the old tax regime, but tax sops, if any, are likely to be announced only ...
The new tax regime is now the default for taxpayers in FY 2023, allowing lower tax slabs but eliminating old deductions.
The government on Saturday said the old tax regime will continue. But with the changes announced in Budget 2025, does it ...
New system's simplicity, reduced tax liability, increased disposable income potential 'make it a formidable alternative' ...
Budget 2024 ushered in sweeping changes in the new tax regime, rejigging income tax slabs and hiking the standard deduction ...
The new tax regime allows a salaried individual to claim a standard deduction of Rs 75,000 from the salary income. There is ...
In this write-up, we will analyze which tax regime — old or new — is more advantageous for individuals with an annual income ...
Latest income tax slabs 2025-26 after Budget 2025: FM Nirmala Sitharaman announced nil income tax for individuals earning up ...