The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...
Will the new tax regime put more money in your pocket, or should you stick with the old regime? Here is all you need to know.
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 income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...
Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...
The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...
The Budget 2025 brings major tax relief for the middle class, making the new tax regime more attractive. From higher ...
In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...
Finance minister Nirmala Sitharaman introduced several tax reforms in the Budget 2025 intended to benefit middle-class taxpayers, including senior citizens.
India’s tax system saw important updates, making the new tax regime the default for most taxpayers. While it offers lower tax rates, it removes many traditional exemptions.
The Income Tax Act, which has been in force in India since 1961, is now on the threshold of change. The government has ...