Though the new income tax regime will feature revamped tax slabs from April 1, 2025 onwards, the old regime offers a slew of ...

While the old tax regime promotes savings through tax benefits, the new one is simpler, involves less paperwork and reduces ...

Taxpayers should consider a few key factors before making a choice. The old regime allows deductionswhereas the new regime ...

Key amendments introduced under the new tax regime for FY 2025-26 (AY 2026-27) 2. No Tax upto 12 lakh Enhanced Tax Rebate (Section 87A): The tax rebate under Section 87A has been enhanced and ...

The Union Budget FY26 introduced significant tax benefits for the middle class. Finance Minister Nirmala Sitharaman announced ...

Stock market income taxation depends on whether one is an investor or trader. Traders' income is taxed at slab rates as ...

Come April 1, 2025, changes in the income tax slabs will come into effect under the new tax regime. While it is up to ...

As per Vasudeva, in the old tax regime, premiums paid on health insurance policies qualify for deductions under Section 80D.

Proposed new tax regime will be implemented from April 1, 2025, where income up to Rs 12,75,000 is tax-free for ...

In Budget 2025, the threshold for lower tax rates has been increased to Rs 4 lakh (previously Rs 3 lakh), allowing ...

The new tax regime will have new income tax slabs from FY 2025-26. Many salaried employees hesitated to switch to the new tax ...

For investors who primarily invested in Section 80C instruments to avail tax benefits, the shift to the new tax regime ...