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India Today on MSNNew income tax regime: Check revised tax rates, slabs, and will you benefit?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’s latest tax overhaul of income tax slabs in Budget 2025 is aimed at introducing a more streamlined tax system ...
Good news for the middle class. Finance Minister Nirmala Sitharaman has announced a revised tax slabs and rates under the new ...
To the relief of middle-class tax payers, Finance Minister Nirmal Sitharaman announced a new tax slab during the Union Budget ...
The Union Budget 2025 introduces significant changes to India's income tax structure, offering substantial relief to salaried ...
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 ...
Nirmala Sitharaman's eighth consecutive Budget is the relief for middle-class salaried taxpayers, though the revised tax ...
Following are the revised slabs and rates under new tax regime announced in the FY26 Budget: Income up to Rs 4 lakh (per annum) —– Nil Between Rs 4 and 8 lakh —————- 5 per cent (tax) Between Rs 8 and ...
making the new tax regime more appealing to middle-class taxpayers. The biggest change is the revised tax slab, which ensures that individuals earning up to Rs 12 lakh annually will not have to ...
And simplicity usually comes with trade-offs. While the new tax regime offers lower tax rates, it removes many popular deductions, forcing taxpayers to weigh the trade-off between reduced ...
For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower tax rates and a higher exemption limit. However, those who claim multiple ...
In a significant move announced during the Union Budget 2025, Finance Minister Nirmala Sitharaman introduced new income tax ...
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