In this write-up, we will analyze which tax regime — old or new — is more advantageous for individuals with an annual income of up to ₹15 lakh. For this comparison, we will assume the taxpayer is ...

Finance Minister Nirmala Sitharaman announced the new tax slabs under the new tax regime, thus offering tax saving for ...

Union Budget 2025 brought major tax relief for the middle class, with Finance Minister Nirmala Sitharaman announcing no tax on income up to ₹12 lakh. The move aims to boost consumption amid sluggish ...

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

Under the New Tax Regime, both individuals receiving a salary and pensioners can now benefit from a standard deduction of Rs ...

Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through ...

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 ...

Finance Minister Sitharaman announced a substantial tax benefit, ensuring that individuals earning up to Rs 12 lakh annually ...

The tax rebate extends up to Rs 12.75 lakh when factoring in standard deductions under the new tax regime, making it the most ...

Finance Minister Nirmala Sitharaman announced that taxpayers with salaries up to Rs 12 lakh would not be required to pay tax ...