New versus old income tax regime post Budget 2025: The new tax regime starting FY 2025-26 offers tax exemption for earnings ...
Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old 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.
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 ...
A major focus of the new tax bill is likely to be on lowering the number of such disputes by clearly defining provisions and ...
Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...
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 ...
National Savings Certificate (NSC) and Equity-Linked Savings Scheme (ELSS) not only helped individuals lower their taxes but also induced disciplined savings habits, particularly among young people in ...
For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower ...
Union Finance Minister Nirmala Sitharaman explained that these revisions are designed to increase disposable income, ...