Here’s a table showing a comparison of old vs new regime with the income level and deductions. If you have deductions more ...
New Income Tax Bill 2025 LIVE Updates: Union Finance Minister Nirmala Sitharaman has presented the new Income-Tax Bill 2025 ...
The Income-tax Bill cuts some clutter of the existing Act and introduces new illustrative tables, while maintaining ...
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 ...
In the above table, say you earn a salary income of Rs 15 lakh in a year. So if you can claim Rs 5,93,750 as income tax ...
Nirmala Sitharaman will table the new income tax bill in Lok Sabha on Thursday, February 12. Thereafter, it will be referred ...
The Union Budget 2025-26 has kept the tax slab rates unchanged for salaried individuals below 60 years old. The existing tax slab rates are as follows: nil for individuals earning up to INR 2.5 ...
The new bill has also provided repeals and savings clause to ensure that rights and benefits accrued to the taxpayers under ...
Finance Minister Sitharaman introduces Income Tax Bill, 2025, in Lok Sabha amid opposition parties opposing its introduction. Sitharaman also urged the speaker to refer Income Tax Bill, 2025, to ...
Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the ...
The highlight of Finance Minister Nirmala Sitharaman's eighth consecutive Budget is the relief to middle-class taxpayers from the salaried class. But the Budget speech, which also announced revised ...
Nirmala Sitharaman's eighth consecutive Budget is the relief for middle-class salaried taxpayers, though the revised tax ...