The Income Tax Department has introduced an online calculator for taxpayers to compare their potential savings under the newly default New Tax Regime, effective April 2025. The initiative aims to ...

The government introduced a new tax regime of lower tax rates in Budget 2020, which continues in FY 2025-26. In Budget 2025, ...

The Income Tax Department has introduced an easy-to-use tax calculator on its official website to assist taxpayers in assessing their potential savings under the revised New Tax Regime for the ...

Although the new tax ... in the new tax regime unlike 20 percent in the old tax regime. Check the table below for the entire tax slab. It is recommended to use the income tax calculator to assess ...

So, if you are a taxpayer and confused about whether the new tax regime is better for you or the old tax regime, you can use the tax calculator. To access the income tax calculator where you can ...

Earners up to ₹12 lakh now have zero tax liability thanks to revised tax slabs and rebates. But confused about how to ...

In the budget document, the government also gave a detailed explanation as to who would pay nil taxes under the new tax regime. The central government's tax slab calculation. The minister also ...

Income tax is calculated based on your taxable income, which includes wages, salaries, business profits, and other sources of income. Deductions, exemptions, and credits can affect the final tax ...

It is recommended to use the income tax calculator that computes the tax under both the regimes (old and new) before you can choose the one that leads to a lower tax outgo ...