New Tax Regime 2025: These exemptions, deductions will be available for taxpayers
In the Budget 2025, Finance Minister Nirmala Sitharaman increased the income tax rebate limit from Rs 7 lakh to Rs 12 lakh in ...
Tax Guru9d
New Income Tax Slabs for 2025: Old vs New Regime – Key Questions Answered
The old tax regime, which remains unchanged in the 2025 Budget, allows taxpayers to claim various exemptions such as House Rent Allowance (HRA), deductions under Section 80C (like for life insurance ...
New income tax slabs for FY 2025-26: 30% tax now starts at Rs 24 lakh, income up to Rs 20 lakh to be taxed at 20% in Budget 2025
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...
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New income tax regime: Check revised tax rates, slabs, and will you benefit?
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.
Mint13d
Income Tax: These are the exemptions given under the old and new tax regimes; check list
And if you do not opt out of the new tax regime, you are entitled to pay your taxes under a lower tax slab (which is a ... The maximum amount of deduction allowed is Rs. 75,000 for the medical ...
Budget 2025: How the old and new income tax regime slabs, rates stack up
Budget 2024 ushered in sweeping changes in the new tax regime, rejigging income tax slabs and hiking the standard deduction ...
Union Budget 2025: New Tax Regime vs Old Tax Regime -- a look at expectations, deductions, exemptions
In the Union Budget 2025, Finance Minister Nirmala Sitharaman is expected to adjust the personal income tax rules under the ...
Union Budget: Centre clears citizens' doubt on new income tax slabs
The government on Saturday explained how the tax reforms, proposed under the new income tax slabs, will benefit the middle ...
Indiatimes12d
Budget 2025 income tax: Why standard deduction should be hiked under new tax regime
Personal tax experts are of the view that since no major exemptions and deductions are available under ... image) New vs old income tax regime after Budget 2025: Post income tax slab changes ...
Zero income tax: Investment in NPS, other deductions can get you more tax savings up to Rs 96,000; here's how
By investing in NPS and applying standard deduction of Rs 75,000, taxpayers earning Rs 13.7 lakh salary can pay zero tax; ...
Will Budget 2025 raise the basic exemption limit, standard deduction under the new tax regime?
Finance Minister Nirmala Sitharaman may not scrap the old tax regime, but tax sops, if any, are likely to be announced only ...
Tax Guru9d
Income Tax Rates for FY 2025-26 & No Tax on Income up to Rs. 12 Lakh: FAQs
Ans. Earlier the limit of income for nil tax payment was Rs 7 lac. By increasing this limit to Rs 12 lakh around one crore assessees who were earlier required to pay tax varying from Rs 20,000 to Rs ...