In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...
Finance Minister Nirmala Sitharaman has announced important changes for the salaried class in Budget 2025. Under the new tax ...
The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...
Union Cabinet approves new Income Tax Bill, replacing outdated 1961 Act, aiming for simplicity, fairness, and enforceability.
In the Budget 2025, there have been new income tax slabs introduced in the new tax system. Finance Minister Nirmala ...
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 ...
What if someone earning above Rs 12.75 lakh annually chooses the old regime and claims the maximum deductions? Will it result in tax savings? This article explores the key deductions available under ...
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 ...
The government introduced a new tax regime of lower tax rates in Budget 2020, which continues in FY 2025-26. In Budget 2025, the government pushed for the adoption of the new tax regime of lower tax ...
Finance minister Nirmala Sitharaman introduced several tax reforms in the Budget 2025 intended to benefit middle-class taxpayers, including senior citizens.
For individuals earning Rs 15 lakh annually, opting for the old tax regime can result in tax savings of up to Rs 48,100, ...
A major change introduced in the Finance Bill 2025 is restructuring the New Income Tax regime to provide more take home to salaried employees and encourage them to spend or invest further. The change ...