For individuals earning Rs 15 lakh annually, opting for the old tax regime can result in tax savings of up to Rs 48,100, ...

Learn how salaried individuals with annual income up to ₹13.7 lakhs can make their income tax-free using NPS & standard ...

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 ...

It is advocated by the Government that 75% of the assessees have moved to the New Tax Regime, which is not out of love and affection but out of compulsion. Hence the finance minister is requested not ...

For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower ...

Introduced in the Union Budget 2020, the new tax regime offers significant reductions in tax rates, but limits the ...

The Budget 2025 brings major tax relief for the middle class, making the new tax regime more attractive. From higher exemptions to simplified compliance, the reforms aim to boost savings, investment, ...

This Budget, FM Sitharaman tweaked the tax slabs in a manner that would benefit taxpayers in higher salary brackets as well, ...

The NDA government has implemented a range of incentives lately to promote the acceptance of the new tax regime. However, the ...

With no tax for income under ₹12 lakh, you have a higher incentive to opt for the new tax regime. This means your incentive ...

Finance Minister Nirmala Sitharaman stated that the tax relief introduced in Budget 2025 reflects Prime Minister Narendra ...

The Finance Minister said that she has no plans to scrap the old tax regime. "I don't have any proposal to shut it down," ...