The Union Budget 2025 introduces a revamped tax regime, exempting individuals earning up to Rs 12 lakh annually from income ...
The Union Budget 2025 has revamped the new tax regime, exempting individuals earning up to Rs 12 lakh annually from income ...
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In Budget 2025, the government opted not to modify the existing tax regime or introduce any new deductions. Finance Minister ...
The new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...
Despite the removal of many benefits, certain allowances remain exempt under the new tax regime, providing some relief to ...
Here are the income tax slabs, rates, and deductions announced by Finance Minister Nirmala Sitharaman in the Union Budget ...
Budget 2024 ushered in sweeping changes in the new tax regime, rejigging income tax slabs and hiking the standard deduction ...
Save more tax in old tax regime by claiming up to Rs 8.5 lakh tax deductions for a salary income up to Rs 25 lakh. Moreover, ...
Individuals earning up to Rs 12,00,000 per annum exempted from income tax; salaried taxpayers get additional Rs 75,000 ...
Most personal tax experts are of the view that the government will phase out the old income tax regime in the com ...
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 ...
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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