There is no change in old tax regime. All the benefits like HRA, Housing Loan, Insurance Premium, etc., are still available.

In case you are a non-resident individual or even a resident HUF, AOP or BOI you are not entitled to rebate under Section 87A ...

Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...

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 ...

The Union Budget has made significant adjustments, including raising the cap of Rebates under Section 87A and drastically ...

These slabs apply to individuals, Hindu Undivided Families (HUFs), and associations, and are updated periodically to reflect ...

Taxpayers should note the revised tax slabs and rates announced in Budget 2025-26 will only be applicable for the Financial ...

The old tax regime will only be beneficial for those ... the new tax regime is beneficial as surcharge payable on your income tax is capped at 25% against 37.50% under the new tax regime in ...

This means the tax computation takes place under the new tax regime, and if someone wants to file returns under the old tax regime ... The highest surcharge was cut down from 37 per cent to ...

A major change introduced in the Finance Bill 2025 is restructuring the New Income Tax regime to provide more take home to salaried employees and encourage them to spend or invest further. The change ...