With Budget 2025 raising break-even limits, tax savings under the old regime seem tougher. But for salaried couples in ...
The new tax regime starting FY 2025-26 offers tax exemption for earnings up to Rs 12.75 lakh annually. Despite the new ...
The new Income Tax Bill, which will replace the six-decade old Income Tax Act of 1961, will make direct tax laws simple to ...
The new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...
What if someone earning above Rs 12.75 lakh annually chooses the old regime and claims the maximum deductions? Will it result in tax savings? This article explores the key deductions available under ...
Union Finance Minister Nirmala Sitharaman explained that these revisions are designed to increase disposable income, ...
The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...
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Explained: What Do Changes In Income Tax Slabs Mean For TaxpayersBy Nidhi Jacob On February 1, 2025, Union Finance and Corporate Affairs Minister Nirmala Sitharaman announced that the nil ...
The incentives to switch to the new tax regime... are viewed as a negative due to potential loss of customers who buy ...
Apart from zero tax for about a crore people earning Rs 12 lakh a year, slabs also recast to benefit those in higher salary ...
The budget outlines 10 broad development measures under the four pillars of Viksit Bharat, namely 'Nari Shakti, Yuva Shakti, ...
With a higher tax-free threshold and lower rates, the new tax regime looks more appealing but does the old regime still hold any advantages?
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