New versus old income tax regime post Budget 2025: The new tax regime starting FY 2025-26 offers tax exemption for earnings ...

The new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...

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

Union Finance Minister Nirmala Sitharaman explained that these revisions are designed to increase disposable income, ...

New system's simplicity, reduced tax liability, increased disposable income potential 'make it a formidable alternative' ...

What if someone earning above Rs 12.75 lakh annually chooses the old regime and claims the maximum deductions? Will it result in tax savings? This article explores the key deductions available under ...

This means the tax computation takes place under the new tax regime, and if someone wants to file returns under the old tax regime ... the benefit of standard deduction was extended to the ...

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.

Despite the removal of many benefits, certain allowances remain exempt under the new tax regime, providing some relief to ...

The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...

Wondering how your home loan interest affects your tax liability? Compare self-occupied vs rented property under the old and ...

In the Budget 2025, Finance Minister Nirmala Sitharaman increased the income tax rebate limit from Rs 7 lakh to Rs 12 lakh in the New Tax Regime. Effectively, individuals earning up to Rs 12 lakh will ...