Here’s a table showing a comparison of old vs new regime with the income level and deductions. If you have deductions more ...
19hon MSN
The new Income Tax Bill will replace the current Income Tax Act, once it becomes effective from April 1, 2026. However, many ...
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 ...
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...
New Income Tax Bill 2025 LIVE Updates: Union Finance Minister Nirmala Sitharaman has presented the new Income-Tax Bill 2025 ...
Nirmala Sitharaman will table the new income tax bill in Lok Sabha on Thursday, February 12. Thereafter, it will be referred ...
The Economic Times on MSN6d
Equilisation point for tax-savings under old and new tax regimeIn the above table, say you earn a salary income of Rs 15 lakh in a year. So if you can claim Rs 5,93,750 as income tax ...
Recognising the significant contributions of the middle class, the Government of India has consistently reduced their tax ...
The Income-tax Bill cuts some clutter of the existing Act and introduces new illustrative tables, while maintaining ...
The highlight of Finance Minister Nirmala Sitharaman's eighth consecutive Budget is the relief to middle-class taxpayers from the salaried class. But the Budget speech, which also announced revised ...
9don MSN
The NDA government has implemented a range of incentives lately to promote the acceptance of the new tax regime. However, the ...
Budget 2025 offers ₹60,000 rebate for incomes up to ₹12 lakh under new tax regime. (Representational image)(REUTERS) This makes the old tax regime, which has 5 per cent, 20 per cent ...
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