The Budget proposes revised slabs and rates, which Sitharaman said would reduce the tax burden on the middle class, allowing ...
If you're a salaried employee, you could be saving up to Rs 96,000 in tax annually, all thanks to the NPS and standard ...
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 Finance Minister has adjusted tax slabs for the middle class in the new tax regime, offering greater savings and tax ...
Amid rapid technological advancements and the evolving needs of taxpayers and businesses, the government continues to issue new tax laws, rules, and regulations.
Under the new regime, the tax liability for individuals earning Rs 12 lakh or Rs 12.75 lakh (for salaried persons) is Rs 60,000, which is completely waived due to the rebate. Hence, the resulting tax ...
If you are still confused about which tax regime to choose after Budget 2025 proposals, here is how to choose between the old ...
The lock-in periods of tax-saving instruments have forced a patient approach to investing. Tax relief will put more money in people’s pockets, but shifting away from tax-linked savings could affect ...
The proposed tax changes by the FM guarantee no one is worse off, with potential gains depending on income level and scheme. The new regime offers sig ...
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 ...