In Budget 2025, the government opted not to modify the existing tax regime or introduce any new deductions. Finance Minister ...

“Finance Minister Nirmala Sitharaman, in Budget 2025, retained the standard deduction benefit for salaried individuals and ...

The new Income Tax Bill will replace the current Income Tax Act, once it becomes effective from April 1, 2026. However, many ...

Amid the new Income Tax Bill 2025, we answer most FAQs on tax slabs, old vs. new regime, the new income tax rules, exemption ...

There were rumours that the government might hike the amount of standard deduction available to give tax relief to the middle ...

For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower ...

The new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...

Finance Minister Nirmala Sitharaman may not scrap the old tax regime, but tax sops, if any, are likely to be announced only ...

The Income Tax Bill 2025, a document of 622 pages comprising 536 sections and 23 chapters, is anticipated to be introduced in ...

Under the New Tax Regime, both individuals receiving a salary and pensioners can now benefit from a standard deduction of Rs ...

Married couples need to determine which tax regime offers lower tax liability for each spouse considering their income ...

Union Finance Minister Nirmala Sitharaman explained that these revisions are designed to increase disposable income, ...