For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower ...

By Nidhi Jacob On February 1, 2025, Union Finance and Corporate Affairs Minister Nirmala Sitharaman announced that the nil ...

The NDA government has implemented a range of incentives lately to promote the acceptance of the new tax regime. However, the ...

Individuals earning up to Rs 12,00,000 per annum exempted from income tax; salaried taxpayers get additional Rs 75,000 ...

Budget 2025: New Tax Slab Vs Old Tax Slab - New Tax Regime Simplified | What Is The 87A Rebate? Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, ...

For senior citizens investing in fixed deposits, the threshold for TDS on interest income exceeding Rs 50,000 was raised to ...

The Budget 2025 brings major tax relief for the middle class, making the new tax regime more attractive. From higher exemptions to simplified compliance, the reforms aim to boost savings, investment, ...

Without going into the sections, proviso and the clause 2, 20 and 24 of the Finance Bill 2025, some situations are rendered here for the applicability and availability of the Sec 87A rebate both under ...

This Budget, FM Sitharaman tweaked the tax slabs in a manner that would benefit taxpayers in higher salary brackets as well, ...

Those earning between Rs 12 lakh and Rs 24 lakh (or Rs 24.75 lakh for salaried individuals) will pay 25-31% less tax.

The government provides a Rs 75,000 standard deduction in the new tax regime benefiting salaried individuals and pensioner by ...

The government introduced a new tax regime of lower tax rates in Budget 2020, which continues in FY 2025-26. In Budget 2025, the government pushed for the adoption of the new tax regime of lower tax ...