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

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 ...

Are you left scratching your head about the changes in tax slabs in the new regime announced in Union Budget 2025? Wondering ...

The move, which is expected to be part of the Union Budget 2025-26, aims to provide greater relief to taxpayers in the middle ...

Learn about the new tax regime in India's FY26 budget with revised tax slabs and rates for different income brackets. Get ...

The government has been talking about simplifying the tax structure to make it easier for taxpayers. Eliminating the 30% tax ...

The old tax regime, which remains unchanged in the 2025 Budget, allows taxpayers to claim various exemptions such as House Rent Allowance (HRA), deductions under Section 80C (like for life insurance ...

The tax rates are structured progressively, with higher rates applied to higher income slabs. This new regime is designed to ...

The relief applies only to those who have opted for the new tax regime, it has sparked numerous questions about its real benefits. Here's a layman's explanation to help understand the changes.

For the salaried and pensioners, there’s the standard deduction of ₹75,000, which pushes up the tax-free limit to ₹12.75 lakh ...

Here are the income tax slabs, rates, and deductions announced by Finance Minister Nirmala Sitharaman in the Union Budget ...