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.

Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...

For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower tax rates and a higher exemption limit. However, those who claim multiple ...

Finance minister Nirmala Sitharaman introduced several tax reforms in the Budget 2025 intended to benefit middle-class taxpayers, including senior citizens.

The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...

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 NDA government has implemented a range of incentives lately to promote the acceptance of the new tax regime. However, the ...

Finance Minister Nirmala Sitharaman during her Budget 2025 speech on February 1, 2025 announced the New Income Tax Bill that ...

The Budget 2025 brings major tax relief for the middle class, making the new tax regime more attractive. From higher ...

Individuals earning up to Rs 12,00,000 per annum exempted from income tax; salaried taxpayers get additional Rs 75,000 ...