New versus old income tax regime post Budget 2025: The new tax regime starting FY 2025-26 offers tax exemption for earnings ...

Wondering how your home loan interest affects your tax liability? Compare self-occupied vs rented property under the old and ...

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 income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...

In the Budget 2025, Finance Minister Nirmala Sitharaman increased the income tax rebate limit from Rs 7 lakh to Rs 12 lakh in the New Tax Regime. Effectively, individuals earning up to Rs 12 lakh will ...

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

What if someone earning above Rs 12.75 lakh annually chooses the old regime and claims the maximum deductions? Will it result in tax savings? This article explores the key deductions available under ...

Despite the removal of many benefits, certain allowances remain exempt under the new tax regime, providing some relief to ...

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 ...