In the Budget 2025, Finance Minister Nirmala Sitharaman increased the income tax rebate limit from Rs 7 lakh to Rs 12 lakh in ...
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 ...
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.
Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...
Introduced in the Union Budget 2020, the new tax regime offers significant reductions in tax rates, but limits the ...
Despite the removal of many benefits, certain allowances remain exempt under the new tax regime, providing some relief to ...
Zero tax up to ₹12 lakh as well as the attractive new tax slabs are only applicable to the new tax regime, but at the same ...
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...
With no income tax burden for income levels up to Rs 12.75 lakh, a large section of salaried taxpayers stands to benefit.
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 ...
FM Nirmala Sitharaman announced major income tax relief, with no tax payable on income up to Rs 12 lakh. New tax regime to be ...