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.
The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...
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 ...
In the Budget 2025, there have been new income tax slabs introduced in the new tax system. Finance Minister Nirmala ...
Finance minister Nirmala Sitharaman introduced several tax reforms in the Budget 2025 intended to benefit middle-class taxpayers, including senior citizens.
Central Board of Direct Taxes (CBDT) has clarified that marginal relief applies to incomes up to Rs 12.75 lakh. This means ...
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 ...
By Nidhi Jacob On February 1, 2025, Union Finance and Corporate Affairs Minister Nirmala Sitharaman announced that the nil ...
"By virtue of the rebate only taxpayers with incomes up to Rs 12 lakh under the new regime would not have to pay any tax ...
Finance Minister Nirmala Sitharaman implemented changes to the slabs, rates, and rebates under the New Tax Regime to ...
Cutting tax rates can promote growth, and conversely raising taxes can hinder it—the intellectual heritage of this line of thought stretches back to an 18th century economist. But this theory ...