In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...

For individuals earning Rs 15 lakh annually, opting for the old tax regime can result in tax savings of up to Rs 48,100, ...

We are not incentivising the old tax scheme. These taxpayers will also shift to the new regime after comparison.' ...

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 ...

New system's simplicity, reduced tax liability, increased disposable income potential 'make it a formidable alternative' ...

Tax breaks introduced in budget 2025 have reduced the tax advantages of equity investments for small and medium investors, ...

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

What if someone earning above Rs 12.75 lakh annually chooses the old regime and claims the maximum deductions? Will it result in tax savings? This article explores the key deductions available under ...

a thorough comparison of the two regimes is necessary to determine the best fit for each employee. While the new regime provides a lower tax rate for specific tax slabs, the old tax regime has ...

Wondering how your home loan interest affects your tax liability? Compare self-occupied vs rented property under the old and ...

In 2020, the Government of India introduced a new tax regime that offered concessional tax rates while scrapping most of the deductions and exemptions offered under the old tax regime. Most small ...

Tax and Budget 2025: Finance Minister Nirmala Sitharaman made significant announcements that have delighted middle-class taxpayers. The changes include raising the rebate limit from Rs 7 lakh to ...