Finance Minister Nirmala Sitharaman announced the new tax slabs under the new tax regime, thus offering tax saving for ...

Finance Minister Nirmala Sitharaman has announced important changes for the salaried class in Budget 2025. Under the new tax ...

Nirmala Sitharaman's eighth consecutive Budget is the relief for middle-class salaried taxpayers, though the revised tax ...

Explore the key differences between the old and new tax regimes in India. With Budget 2023 changes, find out which tax system ...

Here are the income tax slabs, rates, and deductions announced by Finance Minister Nirmala Sitharaman in the Union Budget ...

For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower tax rates and a higher exemption limit. However, those who claim multiple ...

Switching between the old and new to the new tax regime can be done either on a ... The breakeven point is the amount at which there will be no difference in tax liability between the two tax ...

The old tax regime, which remains unchanged in the 2025 Budget, allows taxpayers to claim various exemptions such as House Rent Allowance (HRA), deductions under Section 80C (like for life insurance ...

Budget 2024 ushered in sweeping changes in the new tax regime, rejigging income tax slabs and hiking the standard deduction ...

To the relief of middle-class tax payers, Finance Minister Nirmal Sitharaman announced a new tax slab during the Union Budget ...

income tax in the new tax regime is 0 whereas in the old regime tax would be ₹1.8 lakh. The key difference between the old and new tax regime is that the old regime allows taxpayers to claim tax ...