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

Although these investments are not tax free any more, returns earned by investing in them are still exempt from income tax ...

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.

If you file your ITR under New Tax Regime, there will not be any tax payable, as it will be covered under Tax Rebate (u/s ...

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

Save more tax in old tax regime by claiming up to Rs 8.5 lakh tax deductions for a salary income up to Rs 25 lakh. Moreover, ...

For individuals earning Rs 15 lakh annually, opting for the old tax regime can result in tax savings of up to Rs 48,100, ...

Individuals earning up to Rs 12,00,000 per annum exempted from income tax; salaried taxpayers get additional Rs 75,000 ...

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 ...

In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...

The income tax rebate under the new tax regime has been raised to Rs 12 lakh per annum from Rs 7 lakh along with a reduction ...

Employees receiving a substantial house rent allowance (HRA), especially those getting up to Rs 1 lakh per month, can claim tax exemptions under the old tax regime. In contrast, the new tax regime ...