The new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...
The biggest change is the revised tax slab, which ensures that individuals earning up to Rs 12 lakh annually will not have to pay any income tax ...
With no tax for income under ₹12 lakh, you have a higher incentive to opt for the new tax regime. This means your incentive ...
Despite the removal of many benefits, certain allowances remain exempt under the new tax regime, providing some relief to ...
What if you earn more than Rs 12.75 lakh? Should you pick the new tax regime for lower rates or stick to the old one for ...
In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...
Latest Income Tax Slabs FY 2025-26 after Budget 2025: In the new tax regime for FY 2025-26, individuals earning up to Rs 12 ...
New system's simplicity, reduced tax liability, increased disposable income potential 'make it a formidable alternative' ...
Introduced in the Union Budget 2020, the new tax regime offers significant reductions in tax rates, but limits the ...
In the Budget 2025, Finance Minister Nirmala Sitharaman increased the income tax rebate limit from Rs 7 lakh to Rs 12 lakh in the New Tax Regime. Effectively, individuals earning up to Rs 12 lakh will ...
Union Finance Minister Nirmala Sitharaman explained that these revisions are designed to increase disposable income, ...