Proposed New Tax Regime Calculations: Is your salary Rs 12,78,000? Will you be taxed on Rs 3,000, or Rs 12,78,000; check details
The proposed new tax regime allows a non-salaried individual to have a tax-free income up to Rs 12,00,000. For salaried-class ...
Income Tax Slabs 2025 Live: Check New Tax Regime vs Old Tax Regime changes, tax liability, standard deductions and more
Budget 2025 prioritised three key areas: reviving consumption amid a notable slowdown, keeping inflation in check through a ...
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Finance Minister Nirmala Sitharaman announces further GST cuts
Finance Minister Nirmala Sitharaman stated on Saturday that GST rates will decrease further, with tax rate rationalisation ...
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New Tax Regime Calculations: Is your annual income Rs 12,76,000? Will you be taxed on Rs 1,000, or Rs 12,76000? See calculations
New Tax Regime Calculations: In Budget 2025, Finance Minister Nirmala Sitharaman proposed new tax regime income tax slabs. Once the slabs come into effect, income up to Rs 12 lakh for non-salaried ...
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Income Tax Deduction: 7 Types of Deductions Available in the New Tax System
The new tax regime, introduced in 2020 and made the default system in 2023, has often been perceived as offering fewer ...
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New Income Tax Bill 2025: All FAQs on tax slabs, old vs new regime, and more answered
Amid the new Income Tax Bill 2025, we answer several FAQs on tax slabs, the old vs. new regime, the new income tax rules, exemption limits, and more. The new Income-Tax (I-T) Bill, announced by ...
ITR filing with latest income tax slabs post Budget 2025: Will taxpayers with income below Rs 12 lakh have to file tax return?
Income Tax Slabs FY 2025-26 after Budget 2025: Finance Minister Nirmala Sitharaman announced that taxpayers will not have to pay tax for income up to ...
How will tax liability be calculated if your income source is only stock markets?
Stock market income taxation depends on whether one is an investor or trader. Traders' income is taxed at slab rates as ...
Tax savings in 2025: You can have zero income tax on Rs 17 lakh salary; salary breakup explained
Per the current tax laws (Income Tax Act, 1961), taxpayers can adjust their salary structure by utilising specific allowances ...
New Income Tax Bill Tabled In Parliament. Here's What Is Different In It
Finance Minister Nirmala Sitharaman tabled the new income tax bill - which she had mentioned in her Budget speech on February 1, and which is expected to reduce the jargon in the Income-Tax Act of ...
Tax relief: You'll get rebate even if capital gains push your total income more than Rs 12.75 lakh, points out Finance Bill, 2025
During her speech, the Finance Minister announced that individuals earning up to Rs 12 lakh will be exempt from paying taxes. Taking into account the standard deduction of Rs 75,000, the effective tax ...
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Need of hour radically-simplified less-punitive GST 2.0 Congress
With Finance Minister Nirmala Sitharaman asserting that the GST rates will come down further, the Congress on Sunday said any changes in the tax must be more comprehensive than a mere rate reduction ...