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.

Under the proposed Union Budget 2025, a ₹60,000 rebate applies to incomes up to ₹12 lakh, enhancing the attractiveness of the ...

The new tax regime allows a salaried individual to claim a standard deduction of Rs 75,000 from the salary income. There is ...

A comparison of the two regimes would clearly indicate that the intention of the Government is to streamline the process and ...

Are you left scratching your head about the changes in tax slabs in the new regime announced in Union Budget 2025? Wondering ...

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 ...

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.

CBDT chief discusses non-intrusive tax administration, simplified ITRs, and AI usage post-Budget for enhanced compliance and ...

New Delhi, Feb 1 (PTI) Individuals earning up to ₹ 12 lakh annually will not have to pay any income tax under the new tax ...

FM Nirmala Sitharaman announced major income tax relief, with no tax payable on income up to Rs 12 lakh. New tax regime to be ...

What this essentially means is that Salaried individual income earning Rs 12.75 lakh annually will not have to pay income tax ...

Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through ...