Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...

The old tax regime will only be beneficial for those ... the new tax regime is beneficial as surcharge payable on your income tax is capped at 25% against 37.50% under the new tax regime in ...

He speaks about the new tax regime, complex provisions that exist in the law and his expectations from the new Income Tax Law ...

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 ...

These slabs apply to individuals, Hindu Undivided Families (HUFs), and associations, and are updated periodically to reflect ...

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 ...

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

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

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

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.

Looking at the favourable bias towards New Tax Regime I had anticipated that the Finance Minister will scrap the Old Tax Regime altogether but instead of doing it in one go she has put the old tax ...

A major change introduced in the Finance Bill 2025 is restructuring the New Income Tax regime to provide more take home to salaried employees and encourage them to spend or invest further. The change ...