Budget 2025 increased the tax rebate limit under the new regime to ₹12 lakh from FY26. If trends from previous years continue ...
With all eyes on the new Income Tax bill which is slated to be tabled in the Parliament this week. Sources in the know of the ...
The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...
In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...
One of my clients recently asked, after Budget 2025, whether Rental Income up to Rs.20 lakh is tax-free. The answer is YES ...
Yes, it is. You get a Standard Deduction of Rs 75,000 — but only if you’re salaried or a pensioner choosing the new tax ...
The Budget 2026-27 also seeks to rationalise TDS/TCS provisions to alleviate compliance challenges and other relevant changes ...
In the Budget 2025, Finance Minister Nirmala Sitharaman increased the income tax rebate limit from Rs 7 lakh to Rs 12 lakh in the New Tax Regime. Effectively, individuals earning up to Rs 12 lakh will ...
Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...
4d
The Finance Ministry has clarified that this zero tax liability applies only to the new tax regime, which has been the ...
To benefit from this revision, individuals must simply file their ITR; no additional formalities are required.
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 ...
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