Read this table to see how much tax you can save at different income levels ranging from Rs 9 lakh to Rs 2.4 crore.
The old tax regime, which remains unchanged in the 2025 Budget, allows taxpayers to claim various exemptions such as House Rent Allowance (HRA), deductions under Section 80C (like for life insurance ...
Learn about the new and old tax regimes, including tax rates and surcharges applicable to various income levels.
FM Nirmala Sitharaman announced major income tax relief, with no tax payable on income up to Rs 12 lakh. New tax regime to be ...
Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through ...
If you're a regular salaried individual or earn other kinds of 'normal income' up to Rs 12 lakh, you won't have to pay any ...
The new tax regime is now the default for taxpayers in FY 2023, allowing lower tax slabs but eliminating old deductions.
Latest News Today: The Union Budget FY26 brought substantial tax relief for the middle class. According to Finance Minister Nirmala Sitharaman, the income tax rebate under the new tax regime has been ...