New income tax slabs for FY 2025-26: 30% tax now starts at Rs 24 lakh, income up to Rs 20 lakh to be taxed at 20% in Budget 2025
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...
Can You Still Opt For Old Tax Regime? And Will You Gain Or Lose Out
With Finance Minister Nirmala Sitharaman announcing big rebates for taxpayers in the middle-income group under the new tax ...
New income tax slabs released in Budget for FY 2025-26 | Check full details
In a historic announcement, the finance minister announced that there will be no income tax payable for those with an income ...
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Budget 2025: Reimagining The New Income Tax Regime
This year, with the new Direct Tax Code set to be unveiled in the upcoming Union Budget, there is a unique opportunity to ...
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New income tax slabs 2020, income up to ₹5 lakh exempt
The government has introduced new 'optional' tax slabs for individual taxpayers. Instead of five different tax slabs, the new tax regime has seven tax slabs. It also the lowers the tax for income ...
Budget 2025 new vs old income tax regime: Will FM Sitharaman do away with the old regime soon? Experts weigh in
Most personal tax experts are of the view that the government will phase out the old income tax regime in the com ...
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Budget 2025: BankBazaar suggests raising 30% income tax slab to ₹18 lakh
As the Union Budget 2025 approaches, BankBazaar CEO Adhil Shetty has outlined key tax reform suggestions. He stresses raising ...