Zero tax up to ₹12 lakh as well as the attractive new tax slabs are only applicable to the new tax regime, but at the same ...

The new tax regime allows a salaried individual to claim a standard deduction of Rs 75,000 from the salary income. There is ...

Most personal tax experts are of the view that the government will phase out the old income tax regime in the com ...

If you are still confused about which tax regime to choose after Budget 2025 proposals, here is how to choose between the old ...

While it is well known that new income tax regime is simplified tax regime without tax exemptions and deductions ...

With no income tax burden for income levels up to Rs 12.75 lakh, a large section of salaried taxpayers stands to benefit.

A comparison of the two regimes would clearly indicate that the intention of the Government is to streamline the process and ...

Union Finance Minister (FM) Nirmala Sitharaman, who presented her eighth consecutive Union Budget on February 1, streamlined ...

While the old tax regime, with its deductions and exemptions, has been a longstanding feature, the government's push for the ...

The highlight of Finance Minister Nirmala Sitharaman's eighth consecutive Budget is the relief to middle-class taxpayers from the salaried class. But the Budget speech, which also announced revised ...

In the Union Budget 2025, Finance Minister Nirmala Sitharaman is expected to adjust the personal income tax rules under the ...

Recognising the significant contributions of the middle class, the Government of India has consistently reduced their tax ...