Budget 2025 Income Tax Slab: Tax Slab under New Regime for AY 2025-26; Check All Details Here!
Learn about the new and old tax regimes, including tax rates and surcharges applicable to various income levels.
Still Calculating Your Tax Under New Slabs? Three Questions About New Tax Regime Answered
The relief applies only to those who have opted for the new tax regime, it has sparked numerous questions about its real benefits. Here's a layman's explanation to help understand the changes.
Union Budget 2025: Income tax basic exemption limit hiked by Rs 1 lakh in new tax regime; check details
Finance Minister Nirmala Sitharaman announced an increase in the basic income tax exemption limit from Rs 3 lakh to Rs 4 lakh under the new tax regime. This change will reduce tax liabilities for taxpayers,
New income tax slabs released in Budget for FY 2025-26 | Check full details
Nirmala Sitharaman made a historic announcement that there will be no income tax payable for those with an income upto ₹12 lakh.
How to switch to the Old Tax Regime if your company opted for the New Tax Regime; check details
Switching between the Old Regime and the New Regime is possible for individuals, allowing their annual tax regime to alternate between the previous and new regimes if certain conditions are met.
Income Tax news: Changes in new tax slab EXPLAINED, check details here
During the Union Budget 2025 speech, Finance Minister Nirmala Sitharaman announced that people earning up to Rs. 12 lakh will not have to pay any income tax. This is a big relief for taxpayers.
Selecting the beneficial tax regime: Without HRA, old regime makes little sense; new regime scores across income slabs
The new, simplified tax regime is now a clear winner in the case of most tax slabs, show Deloitte calculations. In case of annual income of over Rs 24 lakh, the old regime will result in higher savings,
Union Budget 2025: New vs Old Tax regime -- how tax savings will differ with new tax brackets
Under the New Tax Regime, both individuals receiving a salary and pensioners can now benefit from a standard deduction of Rs 75,000. This adjustment, in addition to the raised nil-tax threshold of Rs 12 lakh as declared in the budget,
Income Tax Slabs | Budget 2025: PM Modi says tax rebate will provide big benefit to middle class
There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.
Union Budget 2025: Key differences between new and old tax slabs
The Union Budget 2025-26 continues to offer taxpayers the choice between the old and new tax regimes, each with distinct benefits. Finance Minister Nirmala Sitharaman reaffirmed the government’s push toward the new tax regime while retaining the old one for those who benefit from deductions and exemptions.
Budget 2025: Income tax tweaks FM Nirmala Sitharaman made in last three Budgets; check details
On February 1, 2025, the taxpayers and salaried class are eagerly anticipating an enhancement of the basic exemption limit from Rs 3 lakhs to Rs 5 lakhs in the upcoming tax regime along with a decrease in tax rates to boost their disposable income.
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Zero tax up to Rs 12.75 lakh in new regime. Is old regime still useful?
With a higher tax-free threshold and lower rates, the new tax regime looks more appealing but does the old regime still hold any advantages?
When Was The Last Time Government Announced Tax Relief For Middle Class? - Details Here
The last major tax relief before Budget 2023 was in 2014, when the basic exemption limit was raised from ₹2 lakh to ₹2.5 lakh ...