1 day ago · Explore the Latest Income Tax Slabs & Rates for FY 2024-25 and FY 2025-26: Compare the New and Old Tax Regimes to find the best savings options for you.

2 days ago · 25% slab introduced for high earners and tax relief up to 30.8% for middle-income group. Read this table to see how much tax you can save at different income levels ranging …

3 days ago · Budget 2025 Income tax slab changes: The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income above Rs 15 lakh. …

3 days ago · The Union Budget 2025 has reshaped India's tax landscape by introducing higher exemptions and modified slabs under the new tax regime. With income up to ₹12 lakh tax-free, …

3 days ago · It is important to note that this threshold or break-even level of Rs 8 lakh is specific to the 30% tax bracket, that is for income above Rs 24 lakh or Rs 24.75 lakh (including standard …

2 days ago · The new tax regime proposed in Budget – with a tax rebate of Rs 60,000 on income up to Rs 12 lakh (and Rs 12.75 lakh for salaried people) – leaves the old tax regime, with three …

3 days ago · Here is EY's analysis for income level more than Rs 24.75 lakh. 18:39 (IST) Feb 01 ... being an individual resident in India whose income is chargeable to tax under the sub …

Oct 25, 2024 · Taxation of individuals in India is primarily based on their residential status in the relevant tax year. The residential status of individuals is determined independently for each tax …

3 days ago · Income Tax slab for AY 2025-26, Budget 2025 LIVE Updates: Finance Minister Nirmala Sitharaman announced that no income tax will be due for those with annual income …

Apr 7, 2023 · In India, the term " income tax slab " refers to the categorisation of income levels at which different rates of income tax are applied to individuals based on their age and income …