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 ...

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

For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower ...

Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...

So if you can claim Rs 5,93,750 as income tax deductions for the old tax regime then you need to pay Rs 97,500 income tax ...

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

In Budget 2025, the government opted not to modify the existing tax regime or introduce any new deductions. Finance Minister ...

While the old tax regime, with its deductions and exemptions, has been a longstanding feature, the government's push for the ...

Union Finance Minister Nirmala Sitharaman explained that these revisions are designed to increase disposable income, ...

New system's simplicity, reduced tax liability, increased disposable income potential 'make it a formidable alternative' ...

What if someone earning above Rs 12.75 lakh annually chooses the old regime and claims the maximum deductions? Will it result in tax savings? This article explores the key deductions available under ...