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.

In pay-out type FD like shown in the above table, no TDS will be deducted as the principal and interest amount will remain ...

Almost all finance ministers of India have faced the challenge of widening the country's tax net. While the debate over how few people pay income tax in India is old, what is less well-known is ...

Techie's hot take came as a reaction to a post by another X user who criticised high earners downplaying their privilege ...

Finance Minister Nirmala Sitharaman on Saturday announced that individuals earning up to Rs 12 lakh annually will not have to ...

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

Taxes on the richest and corporations should rise to pay for the transfers ... In 2018, they estimated that Britain had drained India of approximately $45 trillion (£36.5 trillion), which ...

Income Tax Budget 2025 ... process in India to provide relief to the middle-class and lower-income individuals, people are starting to question whether or not they should shift to the new tax ...

Tax on subsequent amount of 4 lakh (from 4 lakh to 8 lakh) Rs 20,000 (being 5% of Rs 4 lakh) Tax on subsequent amount of 4 lakh (from 8 lakh to 12 lakh) Rs 40,000/- (being 10% of Rs 4 lakh) Tax on ...

But what about individuals with taxable income slightly above Rs 12 lakh? Will they have to pay more income tax than their additional earnings above Rs 12 lakh? Will someone earning Rs 12,10,000 ...

If you are still confused about which tax regime to choose after Budget 2025 proposals, here is how to choose between the old ...

This allows us the time, to go back in time and gauge the history of income tax slabs in India. The first ever tax ... under Rs 18,000 were not liable to pay taxes. Thereafter, the individuals ...