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

Nirmala Sitharaman's eighth consecutive Budget is the relief for middle-class salaried taxpayers, though the revised tax ...

Finance Minister Nirmala Sitharaman announced the new tax slabs under the new tax regime, thus offering tax saving for taxpayers. There will no income tax for salaried taxpayers earning upto ₹12.75 ...

Contrary to the general perception that the new tax regime is available only to individuals, it is actually applicable to all individuals, Hindu Undivided Families (HUFs), Associations of Persons ...

Explore the key differences between the old and new tax regimes in India. With Budget 2023 changes, find out which tax system benefits you more based on your income, deductions, and financial ...

Switching between the old and new to the new tax regime can be done either on a ... The breakeven point is the amount at which there will be no difference in tax liability between the two tax ...

The government on Saturday explained how the tax reforms, proposed under the new income tax slabs, will benefit the middle ...

It remains at flat Rs 50,000 under the old tax regime. Choosing between the old and new tax regimes When deciding between the old and new tax regimes, assess both and choose the one suited best as ...

Ans. Earlier the limit of income for nil tax payment was Rs 7 lac. By increasing this limit to Rs 12 lakh around one crore assessees who were earlier required to pay tax varying from Rs 20,000 to Rs ...