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 simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...

In Budget 2025, the government opted not to modify the existing tax regime or introduce any new deductions. Finance Minister ...

Despite the removal of many benefits, certain allowances remain exempt under the new tax regime, providing some relief to ...

Finance Minister Nirmala Sitharaman announced a major tax relief by raising the tax slab under the new tax regime for the ...

Under the old tax regime a standard deduction of Rs 50,000 is available for the salaried class, on the other hand, under the ...

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, ...

What if someone earning above Rs 12.75 lakh annually chooses the old regime and claims the maximum deductions? Will it result ...

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

Budget 2025 income tax expectations: Standard deduction is a flat deduction available on the salary income that helps reduce the taxable income of a taxpayer. Personal tax experts are of the view ...

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.

In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...