In this write-up, we will analyze which tax regime — old or new — is more advantageous for individuals with an annual income of up to ₹15 lakh. For this comparison, we will assume the taxpayer is ...
Union Budget 2025 brought major tax relief for the middle class, with Finance Minister Nirmala Sitharaman announcing no tax on income up to ₹12 lakh. The move aims to boost consumption amid sluggish ...
Under the New Tax Regime, both individuals receiving a salary and pensioners can now benefit from a standard deduction of Rs ...
Finance Minister Nirmala Sitharaman announced the new tax slabs under the new tax regime, thus offering tax saving for ...
The highlight of Finance Minister Nirmala Sitharaman's eighth consecutive Budget is the relief to middle-class taxpayers from the salaried class. But the Budget speech, which also announced revised ...
Here are the income tax slabs, rates, and deductions announced by Finance Minister Nirmala Sitharaman in the Union Budget ...
FM Nirmala Sitharaman announced major income tax relief, with no tax payable on income up to Rs 12 lakh. New tax regime to be ...
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...
Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through ...
Finance Minister Nirmala Sitharaman has announced changes to the income tax slabs in the new regime. As per the changes, ...
The tax rebate extends up to Rs 12.75 lakh when factoring in standard deductions under the new tax regime, making it the most ...