Although these investments are not tax free any more, returns earned by investing in them are still exempt from income 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 ...
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 ...
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 ...
Tax breaks introduced in budget 2025 have reduced the tax advantages of equity investments for small and medium investors, ...
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...
The new tax regime starting FY 2025-26 offers tax exemption for earnings up to Rs 12.75 lakh annually. Despite the new regimen's appeal, the old tax regime with strategically structured salary perks ...
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 ...
The old tax regime remains unchanged. 'Taxpayers opting for it will continue to follow the existing slab rates and deductions ...
Though these deductions find no place in the new tax regime, heres why some investments still deserve a place in your ...