Tax experts said based on an initial review, the new Income Tax Bill does not seem to introduce any significant changes to ...

This means the tax computation takes place under the new tax regime, and if someone wants to file returns under the old tax regime ... provide tax exemptions for income gained via the Agnipath ...

Union Budget 2025: Last year, Sitharaman in her budget speech proposed a new tax structure ... total annual income and total deductions. The tax calculation according to the details entered ...

The New Income Tax Bill 2025 simplifies tax rules, introduces user-friendly tables, and removes outdated terms, making tax filing easier and more transparent.

First of all, you need to visit income ... tax calculation under both the systems (or known as regimes). If tax component under the old regime turns out to be more, you can opt out of the new ...

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 ...