In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...

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

The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...

Achieving a tax-free rental income of ₹20,00,000 is a goal many property owners aspire to. With the recent changes introduced in the Union Budget 2025, there are strategic avenues to minimize tax ...

Discover how income tax changes from Rs 0 on Rs 12 lakh earnings to Rs 61,500 on Rs 12.1 lakh, with a breakdown of tax rates and amounts.

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

"By virtue of the rebate only taxpayers with incomes up to Rs 12 lakh under the new regime would not have to pay any tax ...

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

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

The Finance Bill presented by the FM on February 1, 2025, had a bonanza for middle-class taxpayers. However, despite the tax ...

The new income tax regime for FY 2025-26 offers significant benefits, including zero tax for income up to Rs 12 lakh and ...

Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...