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, ...

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 ...

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 ...

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 ...

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

Budget 2025 has brought significant changes to India’s tax structure, making the new tax regime more appealing to middle-class taxpayers. Budget 2025 has brought significant changes to India’s ...

there are now fewer people who would go for the old tax regime now. Although the new tax regime offers concessional tax rates, you stand to lose your entitlement to claim most deductions and ...

The new income tax bill received clearance from Union Cabinet last week. Soon, the FM will likely table the same in the ...

Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...

The Finance Minister said that she has no plans to scrap the old tax regime. "I don't have any proposal to shut it down," said Finance Minister Nirmala Sitharaman on plans about old tax regime.