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 new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...
The new tax regime has become quite attractive for the middle-class taxpayers. In FY 2023-24, around 74 percent of taxpayers ...
Despite the removal of many benefits, certain allowances remain exempt under the new tax regime, providing some relief to ...
For individuals earning Rs 15 lakh annually, opting for the old tax regime can result in tax savings of up to Rs 48,100, ...
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 deductions?
Introduced in the Union Budget 2020, the new tax regime offers significant reductions in tax rates, but limits the ...
Union Finance Minister Nirmala Sitharaman explained that these revisions are designed to increase disposable income, ...
India’s tax system saw important updates, making the new tax regime the default for most taxpayers. While it offers lower tax rates, it removes many traditional exemptions.
Individuals earning up to Rs 12,00,000 per annum exempted from income tax; salaried taxpayers get additional Rs 75,000 ...
New system's simplicity, reduced tax liability, increased disposable income potential 'make it a formidable alternative' ...