The new tax regime offers significant benefits for income up to Rs 12 lakh (Rs 12.75 lakh for salaried), surpassing the old ...
Salary income: The standard deduction of INR 75,000 will continue for new regime taxpayers, compared to INR 50,000 under the old tax regime. The new tax regime provides a total rebate of INR ...
Explore the key differences between the old and new tax regimes in India. With Budget 2023 changes, find out which tax system ...
The new tax regime starting FY 2025-26 offers tax exemption for earnings up to Rs 12.75 lakh annually. Despite the new ...
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 ...
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...
Recognising the significant contributions of the middle class, the Government of India has consistently reduced their tax ...
The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...
The new tax regime will come into effect from the new financial year 2025-26, starting on April 1, 2025, provided the ...
For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower ...
With no income tax burden for income levels up to Rs 12.75 lakh, a large section of salaried taxpayers stands to benefit.
With Finance Minister Nirmala Sitharaman announcing big rebates for taxpayers in the middle-income group under the new tax ...