Amid the new Income Tax Bill 2025, we answer most FAQs on tax slabs, old vs. new regime, the new income tax rules, exemption ...

Married couples need to determine which tax regime offers lower tax liability for each spouse considering their income ...

The new Income Tax Bill will replace the current Income Tax Act, once it becomes effective from April 1, 2026. However, many ...

This tool allows individuals to compare their tax liability under both the old and new tax regimes by entering their income ...

With Budget 2025 raising break-even limits, tax savings under the old regime seem tougher. But for salaried couples in ...

The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...

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 proposed bill states upon choosing the new regime, taxpayers are unable to revert to the previous system in subsequent ...

To streamline the law, the new bill reduces the number of pages from 823 to 622, removing redundant provisos and explanations ...

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.

The new tax regime – the default – offers a basic exemption limit of Rs 3 lakh for all individuals, regardless of age. This ...

The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...