Zero-tax filers make up two-thirds of ITR submissions
About 66.5 per cent of the income tax return filers have zero tax liability, data presented in Lok Sabha on Monday showed.
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New income tax regime: Check revised tax rates, slabs, and will you benefit?
Will the new tax regime put more money in your pocket, or should you stick with the old regime? Here is all you need to know.
‘Relief in tax slabs has stolen the limelight’
Budget 2025 aims to unlock India's potential for development by 2047, with reforms for ease of doing business and tax ...
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Income tax rates for individuals
These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...
Tax Breaks: The IRS Is Still Open For Business Edition
Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...
Zero tax till Rs 12 lakh: What's difference between rebate under Section 87A, exemptions & deductions?
Finance Minister Nirmala Sitharaman implemented changes to the slabs, rates, and rebates under the New Tax Regime to ...
Income Tax Calculator FY 2025-26: Compare New Tax Regime vs Old Tax Regime
The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...
TDS, TCS Changes In Budget 2025: Explaining Tweaks In Withholding Taxes, Personal Income Tax
The Budget 2026-27 also seeks to rationalise TDS/TCS provisions to alleviate compliance challenges and other relevant changes ...
Tax calculations: Taxable income vs gross income vs net income - know how to calculate your actual tax outgo
In the Budget 2025, there have been new income tax slabs introduced in the new tax system. Finance Minister Nirmala ...
Revised New Tax Slabs: How much tax one needs to pay on salaries of Rs 13.75 lakh, Rs 16.50 lakh, Rs 19.25 lakh and Rs 26.75 lakh; see calculations
In Budget 2025, tax slabs for the new tax regime have been revised for the next financial year (FY2526). An annual income up ...
Loan EMI calculator after RBI MPC meet: Bonanza for middle class! How much will you save with lower EMIs + new income tax slabs? Explained
Your home and personal loan EMIs are set to come down with the RBI governor Sanjay Malhotra announcing a 25 ba ...
Budget 2025 income tax: Personal tax announcements from the Budget and their impact
Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...