In the union budget for the financial year (FY) 2025-26, finance minister Nirmala Sitharaman announced notable reform to the ...
With the proposed changes, NPTR will now become far more appealing for individuals as it would mean availing beneficial tax ...
The new tax regime has become quite attractive for the middle-class taxpayers. In FY 2023-24, around 74 percent of taxpayers ...
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...
New system's simplicity, reduced tax liability, increased disposable income potential 'make it a formidable alternative' ...
Are you left scratching your head about the changes in tax slabs in the new regime announced in Union Budget 2025? Wondering ...
Many taxpayers preferred the old tax regime because it allowed them to claim deductions for expenses like house rent, home ...
Among the most significant announcements was the introduction of a New Income Tax Bill, set to be tabled this week ...
Marginal relief is available to resident individuals whose income exceeds ₹12 lakh but does not exceed ₹12.75 lakh. If a ...
The move, which is expected to be part of the Union Budget 2025-26, aims to provide greater relief to taxpayers in the middle ...
The Union Budget 2025 introduces a revamped tax regime, exempting individuals earning up to Rs 12 lakh annually from income ...
The old tax regime remains unchanged. 'Taxpayers opting for it will continue to follow the existing slab rates and deductions ...