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

The main objective of the bill is to streamline and modernise India's tax system by simplifying legal language to ensure that ...

The biggest change is the revised tax slab, which ensures that individuals earning up to Rs 12 lakh annually will not have to pay any income tax ...

Your home and personal loan EMIs are set to come down with the RBI governor Sanjay Malhotra announcing a 25 ba ...

The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...

Finance Minister Nirmala Sitharaman announced a new tax regime exempting taxpayers with salaries below Rs 12 lakh from paying ...

The Union Budget 2025 introduces stricter tax rules for Non-Resident Indians (NRIs), including students and young ...

Under the new regime, the tax liability for individuals earning Rs 12 lakh or Rs 12.75 lakh (for salaried persons) is Rs ...

The Budget proposes revised slabs and rates, which Sitharaman said would reduce the tax burden on the middle class, allowing ...

The income tax rates for the assessment years (AY) 2025-26 and 2026-27 remain unchanged across categories. Under Section 115BAC, default rates for individuals and Hindu Undivided Families (HUF) ...

You can use Indian Express ’s income tax calculator to calculate your tax for financial year 2025-26. Select Financial Year: ...