Income Tax: These are the exemptions given under the old and new tax regimes; check list
The new tax regime is now the default for taxpayers in FY 2023, allowing lower tax slabs but eliminating old deductions.
Income tax basic exemption limit hiked by Rs 1 lakh in new tax regime in Budget 2025: Check new tax exemption limit
The Union Budget 2025-26 increased the income tax basic exemption limit to Rs 4 lakh under the new tax regime, benefiting all ...
Union Budget 2025: Income tax basic exemption limit hiked by Rs 1 lakh in new tax regime; check details
Finance Minister Nirmala Sitharaman announced an increase in the basic income tax exemption limit from Rs 3 lakh to Rs 4 lakh ...
New income tax slabs, rates in new tax regime for FY2025-26: How much tax is saved at different income levels
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.
Will Budget 2025 raise the basic exemption limit, standard deduction under the new tax regime?
Finance Minister Nirmala Sitharaman may not scrap the old tax regime, but tax sops, if any, are likely to be announced only ...
Budget 2025 income tax new versus old regime: Top 7 expectations of taxpayers from FM Sitharaman
While it is well known that new income tax regime is simplified tax regime without tax exemptions and deductions ...
Nil tax for individuals earning up to ₹12 lakh annually under new regime: FM
New Delhi, Feb 1 (PTI) Individuals earning up to ₹ 12 lakh annually will not have to pay any income tax under the new tax ...
Zero income tax till Rs 12 lakh under new tax regime: Boost for aam aadmi
What this essentially means is that Salaried individual income earning Rs 12.75 lakh annually will not have to pay income tax ...
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Bring all taxpayers under New Tax Regime, remove all exemptions under old regime: SBI report suggests FM
SBI suggests switching all taxpayers to the New Tax Regime to boost compliance and income before Budget 2025. Discover more changes now!
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No Income Tax Up to Rs 12 Lakh Under New Regime: FM
India's Finance Minister announced that individuals earning up to Rs 12 lakh per year will not have to pay income tax under ...
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Your up to Rs 12 lakh annual income is not tax-exempt as wrongly perceived – it’s taxable! Tax structure decoded here
Income up to Rs 12.75 lakh is tax-free under the new tax regime for FY 2025-26, thanks to enhanced rebates and deductions — but it's not tax-exempt. Here's how your tax is calculated.
No income tax up to Rs 12 lakh: What it means if you earn more
In a major relief for the middle class, Finance Minister Nirmala Sitharaman announced that individuals earning up to Rs 12 ...