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

Though there is a standard deduction of Rs 75,000 under new tax regime, there are no deductions available for investments ...

Check the updated income tax slabs, rates, and deductions announced in Union Budget 2025-26. Compare the new tax regime with ...

SEO Meta Description: Budget 2025-26 proposes new tax slab rates. Compare old vs new regime to see which offers better savings based on income and exemptions.

With a higher tax-free threshold and lower rates, the new tax regime looks more appealing but does the old regime still hold any advantages?

Consultants can deduct business-related expenses from gross receipts or opt for a simpler presumptive tax scheme. Meanwhile, ...

Currently, about 74-75 per cent of taxpayers file their returns under the new income tax regime, the official said citing government data.

Budget 2025 announcements included reforms related to income tax, TDS, tax on second housing property, crypto investent, etc.

In the Finance Act, 2020 a new Section 115BAC was inserted as part of the Income Tax Act, 1961 (the Act) with a view to ...

Overall, the Budget focuses on providing significant benefits to the middle class by reducing the tax rates and thereby ...

National Security Advisor Ajit Doval emphasised the significance of introspection in resolving conflicts between state and ...