The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...
In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...
The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...
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 ...
The new tax regime has become quite attractive for the middle-class taxpayers. In FY 2023-24, around 74 percent of taxpayers ...
Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...
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ABP Live on MSNOld Tax Regime Vs New Tax Regime: Which One Offers Better Deductions?Union Finance Minister Nirmala Sitharaman explained that these revisions are designed to increase disposable income, ...
Individuals earning up to Rs 12,00,000 per annum exempted from income tax; salaried taxpayers get additional Rs 75,000 ...
The government on Saturday said the old tax regime will continue. But with the changes announced in Budget 2025, does it ...
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