Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old 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 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 ...
Income Tax Slabs FY 2025-25 New versus Old Income ... Taxpayers must compare deductions under the old regime versus the new lower rates to determine the most beneficial option.
FM Nirmala Sitharaman announced major income tax relief, with no tax payable on income up to Rs 12 lakh. New tax regime to be ...
With Finance Minister Nirmala Sitharaman announcing big rebates for taxpayers in the middle-income group under the new tax ...
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In Budget 2025, the government opted not to modify the existing tax regime or introduce any new deductions. Finance Minister ...
To the relief of middle-class tax payers, Finance Minister Nirmal Sitharaman announced a new tax slab during the Union Budget ...
Are you left scratching your head about the changes in tax slabs in the new regime announced in Union Budget 2025? Wondering ...
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.
Budget 2024 ushered in sweeping changes in the new tax regime, rejigging income tax slabs and hiking the standard deduction ...
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 ...
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