Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...
Although these investments are not tax free any more, returns earned by investing in them are still exempt from income tax ...
The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...
Budget 2025 offers ₹60,000 rebate for incomes up to ₹12 lakh under new tax regime. (Representational image)(REUTERS) This makes the old tax regime, which has 5 per cent, 20 per cent ...
Individuals earning up to Rs 12,00,000 per annum exempted from income tax; salaried taxpayers get additional Rs 75,000 ...
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India Today on MSNOld vs New tax regime: Which one should you choose for income above Rs 12.75 lakh?What if you earn more than Rs 12.75 lakh? Should you pick the new tax regime for lower rates or stick to the old one for ...
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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, ...
Under the proposed Union Budget 2025, a ₹60,000 rebate applies to incomes up to ₹12 lakh, enhancing the attractiveness of the ...
With key updates in 2023 Budget, taxpayers are left wondering which tax regime—old or new—offers best savings for their financial situation?
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India Today on MSNBudget 2025: Old tax regime vs new tax regime; which is better?The new tax regime was first introduced in Union Budget 2020-21 by inserting a new section, 115BAC, in the Income Tax Act for ...
As income levels increase, the tax benefits under the new regime diminish, making the old system a better choice in some cases. Using Tax Calculation Tools If you’re unsure which tax regime is ...
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