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

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 ...

Budget 2025 income tax: With the new income tax regime being the default tax regime, taxpayers are looking for an increase in standard deduction. (AI image) New vs old income tax regime after ...

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

The new tax regime was introduced in the 2020 Union Budget, offering lower tax rates ... under the old regime have not been enhanced after the introduction of new tax regime, do not get shocked ...

Also Check | Income Tax Slabs 2025-26 Budget 2025 ... reduction (30% of previous tax liability) - At Rs 25 lakh income level: ...

Highlights: FM Nirmala Sitharaman's announcement on February 1 brings a gift for the Indian middle class with no tax payable ...

The revised tax framework introduces a higher tax exemption limit of Rs 12.75 lakh and a newly structured 25% tax slab, aligning with earlier expectations.

In Budget 2024, the government made changes to the NPS rules for employees selecting the New Tax Regime. Employees opting for the New Tax Regime were eligible for an increased deduction of up to ...

This significant revision, part of the government’s effort to ease the tax burden on salaried individuals, marks a sharp increase from the previous tax-free threshold of Rs 7 lakh.

Experts noted that the government has ended the differentiation that FPIs enjoyed in the last Budget. Previously, LTCG on ...