Although these investments are not tax free any more, returns earned by investing in them are still exempt from income tax ...
The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...
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New income tax regime: Check revised tax rates, slabs, and will you benefit?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.
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 new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...
The new tax regime starting FY 2025-26 offers tax exemption for earnings up to Rs 12.75 lakh annually. Despite the new ...
In the Budget 2025, Finance Minister Nirmala Sitharaman increased the income tax rebate limit from Rs 7 lakh to Rs 12 lakh in the New Tax Regime. Effectively, individuals earning up to Rs 12 lakh will ...
Despite the removal of many benefits, certain allowances remain exempt under the new tax regime, providing some relief to ...
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...
The old tax regime remains unchanged. 'Taxpayers opting for it will continue to follow the existing slab rates and deductions ...
Salary income: The standard deduction of INR 75,000 will continue for new regime taxpayers, compared to INR 50,000 under the old tax regime. The new tax regime provides a total rebate of INR ...
Though these deductions find no place in the new tax regime, heres why some investments still deserve a place in your ...
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