Here’s a table showing a comparison of old vs new regime with the income level and deductions. If you have deductions more ...

Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the ...

In case you are a non-resident individual or even a resident HUF, AOP or BOI you are not entitled to rebate under Section 87A ...

The Union Budget 2025-26 has kept the tax slab rates unchanged for salaried individuals below 60 years old. The existing tax slab rates are as follows: nil for individuals earning up to INR 2.5 ...

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

"Assess your EPF ( Employees' Provident Fund) contributions, insurance premiums, and other deductions. Invest in ELSS only if ...

The budget’s biggest, shiniest takeaway: no tax on income up to ₹12 lakh. Union finance minister Nirmala Sitharaman’s announcement was met with much cheer and enthusiastic number-crunching ...

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.

New versus old income tax regime post Budget 2025: The new tax regime starting FY 2025-26 offers tax exemption for earnings up to Rs 12.75 lakh annually. Despite the new regimen's appeal ...

Although these investments are not tax free any more, returns earned by investing in them are still exempt from income tax ...

Married couples need to determine which tax regime offers lower tax liability for each spouse considering their income ...

The old tax regime will only be beneficial for those ... include excluding dividends and long term capital gains and short term capital gains on listed shares and equity scheme exceeds Rs 5 ...