Budget 2025 updates tax slabs under section 115BAC, offering zero tax up to ₹12 lakh income with rebate and marginal relief. Old regime remains ...

While filling out your ITR, usually ITR 1 or ITR 2, you'll see a question asking whether you wish to opt out of the new tax regime under section 115BAC (6). You just need to tick 'Yes' or 'No'.

New spending Debt ceiling increased by $5 trillion Nearly $150 billion in additional border security spending, including $46.5 billion to construct a U.S.-Mexico border wall and about $30 billion ...