The Income Tax Department has introduced an online calculator for taxpayers to compare their potential savings under the ...

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

With no income tax burden for income levels up to Rs 12.75 lakh, a large section of salaried taxpayers stands to benefit.

Under the proposed Union Budget 2025, a ₹60,000 rebate applies to incomes up to ₹12 lakh, enhancing the attractiveness of the new tax regime.

Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...

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

Here are the income tax slabs, rates, and deductions announced by Finance Minister Nirmala Sitharaman in the Union Budget ...

In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...

A comparison of the two regimes would clearly indicate that the intention of the Government is to streamline the process and ...

We are not incentivising the old tax scheme. These taxpayers will also shift to the new regime after comparison.' ...