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 simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...
The old tax regime remains unchanged. 'Taxpayers opting for it will continue to follow the existing slab rates and deductions ...
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India Today on MSNOld vs New tax regime: Which one should you choose for income above Rs 12.75 lakh?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 ...
Are you left scratching your head about the changes in tax slabs in the new regime announced in Union Budget 2025? Wondering ...
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 ...
For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower tax rates and a higher exemption limit. However, those who claim multiple ...
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With the proposed changes, NPTR will now become far more appealing for individuals as it would mean availing beneficial tax ...
New Delhi, Feb 1 (PTI) Individuals earning up to ₹ 12 lakh annually will not have to pay any income tax under the new tax ...
The relief applies only to those who have opted for the new tax regime, it has sparked numerous questions about its real benefits. Here's a layman's explanation to help understand the changes.
A key highlight this Budget for middle-class and salaried taxpayers is the exemption of income tax for those earning up to Rs ...
In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...
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