The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...
The biggest change is the revised tax slab, which ensures that individuals earning up to Rs 12 lakh annually will not have to pay any income tax ...
Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...
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India Today on MSNOld tax regime: Time to let go after Budget 2025 changes?Many taxpayers preferred the old tax regime because it allowed them to claim deductions for expenses like house rent, home ...
The new tax regime has become quite attractive for the middle-class taxpayers. In FY 2023-24, around 74 percent of taxpayers ...
New system's simplicity, reduced tax liability, increased disposable income potential 'make it a formidable alternative' ...
Individuals earning up to Rs 12,00,000 per annum exempted from income tax; salaried taxpayers get additional Rs 75,000 ...
Budget 2025 income tax: Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various changes have been introduced in the new tax regime.
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Newspoint on MSNTax Regime: How much tax can be saved in the old regime, taxpayers should know this important thing..Finance Minister Nirmala Sitharaman has announced important changes for the salaried class in Budget 2025. Under the new tax ...
The Union Budget 2025 introduces a revamped tax regime, exempting individuals earning up to Rs 12 lakh annually from income ...
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.
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