Union Finance Minister Nirmala Sitharaman explained that these revisions are designed to increase disposable income, ...
In Budget 2025, the government opted not to modify the existing tax regime or introduce any new deductions. Finance Minister ...
The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...
Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...
The new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...
Here are the income tax slabs, rates, and deductions announced by Finance Minister Nirmala Sitharaman in the Union Budget ...
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...
What if someone earning above Rs 12.75 lakh annually chooses the old regime and claims the maximum deductions? Will it result ...
Save more tax in old tax regime by claiming up to Rs 8.5 lakh tax deductions for a salary income up to Rs 25 lakh. Moreover, ...
In the Union Budget 2025, Finance Minister Nirmala Sitharaman is expected to adjust the personal income tax rules under the ...
Most personal tax experts are of the view that the government will phase out the old income tax regime in the com ...
For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower ...