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 proposed changes could substantially increase the disposable income available to both middle-class and high-income ...
The Union Budget 2025 has introduced new income tax slabs, bringing relief to taxpayers. Finance Minister Nirmala ...
In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...
Yes, it is. You get a Standard Deduction of Rs 75,000 — but only if you’re salaried or a pensioner choosing the new tax ...
India’s tax system saw important updates, making the new tax regime the default for most taxpayers. While it offers lower tax rates, it removes many traditional exemptions.
Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...
Union Finance Minister Nirmala Sitharaman explained that these revisions are designed to increase disposable income, ...
The new tax regime has become quite attractive for the middle-class taxpayers. In FY 2023-24, around 74 percent of taxpayers ...
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 ...
Without going into the sections, proviso and the clause 2, 20 and 24 of the Finance Bill 2025, some situations are rendered ...
Finance minister Nirmala Sitharaman introduced several tax reforms in the Budget 2025 intended to benefit middle-class taxpayers, including senior citizens.
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