For individuals earning Rs 15 lakh annually, opting for the old tax regime can result in tax savings of up to Rs 48,100, ...
In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...
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, ...
In Budget 2025-26, the rebate under the new tax regime has been raised to Rs 60,000 (previously Rs 25,000) for total income ...
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 ...
The finance minister stated that salaried individuals will pay no tax on incomes up to Rs 12.75 lakh per annum, thanks to a standard deduction of Rs 75,000 under the new tax regime. While no changes ...
Under the New Tax Regime, both individuals receiving a salary and pensioners can now benefit from a standard deduction of Rs ...
Union Finance Minister Nirmala Sitharaman explained that these revisions are designed to increase disposable income, ...
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...
You can use income tax calculator to compute income tax under both the regimes i.e., new tax regime and old tax regime, ...