new regime, the new income tax rules, exemption limits, and more. The new Income-Tax (I-T) Bill, announced by Finance Minister Nirmala Sitharaman during her Budget speech on February 1 ...

Finance Minister Nirmala Sitharaman gave relief to middle class ... and taxpayers will hopefully have a smoother experience. The new tax regime is the default option. So, those taxpayers who ...

The proposed new tax regime allows a non-salaried individual to have a tax-free income up to Rs 12,00,000. For salaried-class ...

Finance Minister Nirmala Sitharaman stated on Saturday that GST rates will decrease further, with tax rate rationalisation ...

Earlier, taxpayers earning up to Rs 7 lakh paid nil taxes under the new regime. Now that limit has been raised to Rs 12 lakh.

In certain scenarios, the old tax regime may still offer a comparative advantage over the new regime. (Image: Financial Express) The proposals introduced by Finance Minister Nirmala Sitharaman in ...

New Delhi: Finance Minister Nirmala Sitharaman on 13 February 2025 tabled ... For example, consider an income of Rs 15,00,000. Under the new tax regime, the tax liability would be Rs 1,09,200 ...

The new tax regime, introduced in 2020 and made the default system in 2023, has often been perceived as offering fewer ...

New Tax Regime Calculations: In Budget 2025, Finance Minister Nirmala Sitharaman proposed new tax regime income tax slabs. Once the slabs come into effect, income up to Rs 12 lakh for non-salaried ...

New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok Sabha on Thursday. The I-T bill was announced during her Budget speech ...