The new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...

Despite the removal of many benefits, certain allowances remain exempt under the new tax regime, providing some relief to ...

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

What if you earn more than Rs 12.75 lakh? Should you pick the new tax regime for lower rates or stick to the old one for ...

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

The new tax regime has become quite attractive for the middle-class taxpayers. In FY 2023-24, around 74 percent of taxpayers ...

Introduced in the Union Budget 2020, the new tax regime offers significant reductions in tax rates, but limits the ...

Latest Income Tax Slabs FY 2025-26 after Budget 2025: In the new tax regime for FY 2025-26, individuals earning up to Rs 12 ...

The old tax regime remains unchanged. 'Taxpayers opting for it will continue to follow the existing slab rates and deductions ...

Many taxpayers preferred the old tax regime because it allowed them to claim deductions for expenses like house rent, home ...

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

For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower ...