In the Budget 2025, Finance Minister Nirmala Sitharaman increased the income tax rebate limit from Rs 7 lakh to Rs 12 lakh in ...

In Budget 2025, the government opted not to modify the existing tax regime or introduce any new deductions. Finance Minister ...

The new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...

Despite the removal of many benefits, certain allowances remain exempt under the new tax regime, providing some relief to ...

Finance Minister Nirmala Sitharaman announced a major tax relief by raising the tax slab under the new tax regime for the ...

Under the old tax regime a standard deduction of Rs 50,000 is available for the salaried class, on the other hand, under the ...

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

Finance Minister Nirmala Sitharaman may not scrap the old tax regime, but tax sops, if any, are likely to be announced only ...

What if someone earning above Rs 12.75 lakh annually chooses the old regime and claims the maximum deductions? Will it result ...

India's Union Budget 2025-26 has introduced personal income tax changes under the new regime to spur middle-class spending & ...

With no tax for income under ₹12 lakh, you have a higher incentive to opt for the new tax regime. This means your incentive ...

Finance Minister Nirmala Sitharaman implemented changes to the slabs, rates, and rebates under the New Tax Regime to ...