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

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

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

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

Under the New Tax Regime, both individuals receiving a salary and pensioners can now benefit from a standard deduction of Rs ...

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 ...

Introduced in the Budget 2020, the New Tax Regime offered lower tax rates. However, it provides fewer exemptions and deductions. The default tax regime established in the previous budget for 2024 ...

The relief applies only to those who have opted for the new tax regime, it has sparked numerous questions about its real benefits. Here's a layman's explanation to help understand the changes.

There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.

In a major boost for the Indian middle class, Finance Minister Nirmala Sitharaman on Saturday announced that there will be no ...

In the Union Budget 2025, Finance Minister Nirmala Sitharaman introduced significant reforms to India’s personal income tax structure, primarily benefiting the middle class. The ...