CBDT tax calculator: If your annual salary is Rs 15 lakh, which tax regime should you opt for - new tax or old tax?
In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up to Rs 4 lakh from basic tax. The old tax regime was kept unchanged.
These Sec 80C options can be good investments even without tax breaks in new tax regime
Though these deductions find no place in the new tax regime, heres why some investments still deserve a place in your ...
Will taxpayers save less after moving to new tax regime?
The beauty of tax-linked savings lies in their dual benefit structure. The immediate gratification of tax savings serves as ...
Dawn2h
A turning point in agriculture taxation?
Experts express concern over collecting taxes from the agri sector, where most transactions are cash-based and nearly ...
New regime narrows LTCG-regular income tax gap. Are equities still worth it?
Tax breaks introduced in budget 2025 have reduced the tax advantages of equity investments for small and medium investors, ...
Can my wife add unclaimed interest on home loan that I paid to cost of acquisition?
There is a view that if the house is jointly funded, capital gains from sale of such a house, should be included in the ...
The Financial Express12h
New tax regime is made for Gen X
The financial landscape is changing, and young Indians are approaching wealth in new ways. Gen Z is rewriting the rules with ...
BasuNivesh16h
Budget 2025 -Whether Rental Income up to Rs.20 lakh is tax-free?
One of my clients recently asked, after Budget 2025, whether Rental Income up to Rs.20 lakh is tax-free. The answer is YES ...