FM Nirmala Sitharaman announced major income tax relief, with no tax payable on income up to Rs 12 lakh. New tax regime to be ...

The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...

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 ...

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 highest surcharge was cut down from 37 per cent to ...

Summary: Budget 2025 introduces significant changes to income tax slabs under the new tax regime for individuals. Key highlights include tax-free income up to ₹4,00,000, and progressive tax rates ...

Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...

In this write-up, we will analyze which tax regime — old or new — is more advantageous for individuals with an annual income ...

In 2020, the finance minister unveiled the new tax regime, which offered taxpayers the option to pay lower tax but forego ...

The Union Budget has made significant adjustments, including raising the cap of Rebates under Section 87A and drastically ...