The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...
Here are the income tax slabs, rates, and deductions announced by Finance Minister Nirmala Sitharaman in the Union Budget ...
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.
Finance Minister Nirmala Sitharaman announced new tax slabs in the new tax regime 2025, so there will be no income tax for ...
There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.
How much of this will translate into actual benefits for the middle class? And will the government take bold steps to ...
FM Nirmala Sitharaman announced major income tax relief, with no tax payable on income up to Rs 12 lakh. New tax regime to be ...
The finance ministry said the rebate for individuals under the new regime should be increased so that they do not pay tax if their total income is up to ₹ 12 lakh.
Summary: Budget 2025 introduces significant changes to income tax slabs under the new tax regime for individuals. Key highlights include tax-free income up to ₹4,00,000, and progressive tax rates ...
In Budget 2024, FM Sitharaman increased the standard deduction for those who opted for the new tax regime to Rs 75,000 ...
Despite announcing that no income tax needs to be paid up to an income of Rs 12 lakh under the new regime, the government is ...