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.

If you file your ITR under New Tax Regime, there will not be any tax payable, as it will be covered under Tax Rebate (u/s ...

Besides this, the benefit of standard deduction was extended to the taxpayers of the new tax regime as well. The highest surcharge was cut down from 37 per cent to 25 per cent in the new tax ...

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

For individuals earning Rs 15 lakh annually, opting for the old tax regime can result in tax savings of up to Rs 48,100, ...

Individuals earning up to Rs 12,00,000 per annum exempted from income tax; salaried taxpayers get additional Rs 75,000 ...

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 ...

In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...

The Union Budget 2025 introduces significant changes to India's income tax structure, offering substantial relief to salaried ...

The income tax rebate under the new tax regime has been raised to Rs 12 lakh per annum from Rs 7 lakh along with a reduction ...

The old tax regime remains unchanged. 'Taxpayers opting for it will continue to follow the existing slab rates and deductions ...

Employees receiving a substantial house rent allowance (HRA), especially those getting up to Rs 1 lakh per month, can claim tax exemptions under the old tax regime. In contrast, the new tax regime ...