The Income Tax Department has introduced an online calculator for taxpayers to compare their potential savings under the newly default New Tax Regime, effective April 2025. The initiative aims to ...
Income Tax Calculator: During Budget 2025, Union Finance Minister Nirmala Sitharaman announced new tax rates, offering relief to the salaried taxpayers. With a higher tax rebate of upto ₹ 60,000 ...
In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...
A major change introduced in the Finance Bill 2025 is restructuring the New Income Tax regime to provide more take home to salaried employees and encourage them to spend or invest further. The change ...
For individuals earning Rs 15 lakh annually, opting for the old tax regime can result in tax savings of up to Rs 48,100, ...
Save more tax in old tax regime by claiming up to Rs 8.5 lakh tax deductions for a salary income up to Rs 25 lakh. Moreover, ...
For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower ...
Are you left scratching your head about the changes in tax slabs in the new regime announced in Union Budget 2025? Wondering ...
The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...
The new, simplified tax regime is now a clear winner in the case of most tax slabs, show Deloitte calculations. In case of ...
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.
The government introduced a new tax regime of lower tax rates in Budget 2020, which continues in FY 2025-26. In Budget 2025, the government pushed for the adoption of the new tax regime of lower tax ...