New versus old income tax regime post Budget 2025: The new tax regime starting FY 2025-26 offers tax exemption for earnings ...

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

The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...

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

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, ...

Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...

National Savings Certificate (NSC) and Equity-Linked Savings Scheme (ELSS) not only helped individuals lower their taxes but also induced disciplined savings habits, particularly among young people in ...

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 ...

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 ...

In contrast, the new tax regime does not provide this benefit ... If you’re unsure which tax regime is best for you, the Income Tax Department’s online tax calculator can help compare tax ...

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