The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...
Tax laws offer plenty of room to reduce the liability of the individual through careful structuring of salary, says Sudhir ...
The Union Budget 2025 has introduced new income tax slabs, bringing relief to taxpayers. Finance Minister Nirmala ...
In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...
Finance Minister Nirmala Sitharaman has announced important changes for the salaried class in Budget 2025. Under the new tax ...
The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...
Yes, it is. You get a Standard Deduction of Rs 75,000 — but only if you’re salaried or a pensioner choosing the new tax ...
The biggest change is the revised tax slab, which ensures that individuals earning up to Rs 12 lakh annually will not have to pay any income tax ...
Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...
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 ...
Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...
India’s tax system saw important updates, making the new tax regime the default for most taxpayers. While it offers lower tax rates, it removes many traditional exemptions.