After providing a big relief to the Indian middle class in the Union Budget 2025-26, the government is all set to present a new Income Tax Bill this week which would further simplify the entire ...
The old tax regime remains unchanged. 'Taxpayers opting for it will continue to follow the existing slab rates and deductions ...
The incentives to switch to the new tax regime... are viewed as a negative due to potential loss of customers who buy ...
The government on Saturday said the old tax regime will continue. But with the changes announced in Budget 2025, does it ...
Here are the income tax rates, standard deduction available, basic exemption limit, rebate and deductions under both the new ...
The Budget proposes revised slabs and rates, which Sitharaman said would reduce the tax burden on the middle class, allowing ...
Currently, about 74-75 per cent of taxpayers file their returns under the new income tax regime, the official said citing government data.
Read this table to see how much tax you can save at different income levels ranging from Rs 9 lakh to Rs 2.4 crore.
Apart from zero tax for about a crore people earning Rs 12 lakh a year, slabs also recast to benefit those in higher salary brackets. How much do you save if you earn over Rs 15 lakh a year? We ...
The budget outlines 10 broad development measures under the four pillars of Viksit Bharat, namely 'Nari Shakti, Yuva Shakti, ...
Union Budget 2025 has introduced significant changes in the income tax structure, providing relief to the middle class and salaried individuals.
New Delhi: The new tax structure announced in the Union Budget 2025-26 is expected to benefit around 5.65 crore taxpayers who ...