The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...
Tax laws offer plenty of room to reduce the liability of the individual through careful structuring of salary, says Sudhir ...
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...
The new tax regime has become quite attractive for the middle-class taxpayers. In FY 2023-24, around 74 percent of taxpayers ...
Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...
What if you earn more than Rs 12.75 lakh? Should you pick the new tax regime for lower rates or stick to the old one for ...
Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the ...
In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...
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 ...
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 ...
Many taxpayers preferred the old tax regime because it allowed them to claim deductions for expenses like house rent, home ...
Union Finance Minister Nirmala Sitharaman explained that these revisions are designed to increase disposable income, ...