The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...

The new tax regime starting FY 2025-26 offers tax exemption for earnings up to Rs 12.75 lakh annually. Despite the new ...

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

Are you left scratching your head about the changes in tax slabs in the new regime announced in Union Budget 2025? Wondering ...

Under the New Tax Regime, both individuals receiving a salary and pensioners can now benefit from a standard deduction of Rs ...

The beauty of tax-linked savings lies in their dual benefit structure. The immediate gratification of tax savings serves as ...

Introduced in the Budget 2020, the New Tax Regime offered lower tax rates. However, it provides fewer exemptions and deductions. The default tax regime established in the previous budget for 2024 ...

The Finance Ministry has clarified that this zero tax liability applies only to the new tax regime, which has been the ...

The relief applies only to those who have opted for the new tax regime, it has sparked numerous questions about its real benefits. Here's a layman's explanation to help understand the changes.

To benefit from this revision, individuals must simply file their ITR; no additional formalities are required.

The tax rebate extends up to Rs 12.75 lakh when factoring in standard deductions under the new tax regime, making it the most ...