The new Income Tax Bill, which is often referred to as the Direct Tax Code, is aimed at overhauling the existing tax structure, making it more streamlined and transparent.
Read this table to see how much tax you can save at different income levels ranging from Rs 9 lakh to Rs 2.4 crore.
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 ...
This part looks at income tax receipts, tourism, and the securities transaction tax. Each topic has a pair of charts—one ...
Check out our ready reckoner for various income levels above ₹12 lakh and the amount of tax that you'd save by moving into ...
Budget 2025 prioritised three key areas: reviving consumption amid a notable slowdown, keeping inflation in check through a ...
How to calculate your income tax accurately by including all sources of income such as salary, rental income, capital gains, ...
You can use income tax calculator to compute income tax under both the regimes i.e., new tax regime and old tax regime, ...
The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...
Finance Minister Nirmala Sitharaman announced a new tax regime exempting taxpayers with salaries below Rs 12 lakh from paying ...
The Budget 2025 introduces a revamped income tax structure, offering a full tax rebate for individuals earning up to Rs 12 ...
A major change introduced in the Finance Bill 2025 is restructuring the New Income Tax regime to provide more take home to salaried employees and encourage them to spend or invest further. The change ...