The government increased the tax exemption limit to Rs 12 lakh and revised rates lower under the New Tax regime in the Budget ...
With Budget 2025 raising break-even limits, tax savings under the old regime seem tougher. But for salaried couples in ...
The new tax regime starting FY 2025-26 offers tax exemption for earnings up to Rs 12.75 lakh annually. Despite the new ...
The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...
Despite the removal of many benefits, certain allowances remain exempt under the new tax regime, providing some relief to ...
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 ...
India's Union Budget 2025-26 has introduced personal income tax changes under the new regime to spur middle-class spending & ...
Introduced in the Union Budget 2020, the new tax regime offers significant reductions in tax rates, but limits the ...
Individuals earning up to Rs 12,00,000 per annum exempted from income tax; salaried taxpayers get additional Rs 75,000 ...
So if you can claim Rs 5,93,750 as income tax deductions for the old tax regime then you need to pay Rs 97,500 ... Available ...
In Budget 2025, the government opted not to modify the existing tax regime or introduce any new deductions. Finance Minister ...
Here are the income tax rates, standard deduction available, basic exemption limit, rebate and deductions under both the new ...