One of the key areas of focus is expected to be the new tax regime, which the government has been promoting in recent years. ...

There are two tax regimes under which the income tax return can be filed: old tax regime and new tax regime. In the old regime, taxpayers are entitled to claim deductions for investment made in ...

Around 73 percent of taxpayers have already opted for the new tax regime while CBDT chairman recently said that there are expectations that 90 percent taxpayers will opt for the new tax regime ...

Since the government brought the new tax regime into effect in 2020, taxpayers have a choice of opting between two systems: the old regime of deductions and exemptions, and the new regime with ...

The article examines the new tax regime and the changes announced in the union budget 25-26 and its potential impact. The new regime is a declining tax rate regime. However, the relief to the ...

The Union Budget 2025-26 has revised the income tax slabs and rates under the new tax regime, while the rate for taxpayers in the old income tax regime remains unchanged. Here’s how the ...

Proposed New Tax Regime Calculations: Is your salary Rs 12,78,000? Will you be taxed on Rs 3,000, or Rs 12,78,000; check details As capital gains tax rates change, here's how much income tax you will ...

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 ...

Under the new tax regime, you will have to pay tax of Rs 1,04,000. Under the old tax regime, after claiming 80C (already mentioned by you) and additional exemption of Rs 50,000 under section 80 ...