Amid the new Income Tax Bill 2025, we answer most FAQs on tax slabs, old vs. new regime, the new income tax rules, exemption ...
Nirmala Sitharaman's eighth consecutive Budget is the relief for middle-class salaried taxpayers, though the revised tax ...
Finance Minister Nirmala Sitharaman announced the new tax slabs under the new tax regime, thus offering tax saving for taxpayers. There will no income tax for salaried taxpayers earning upto ₹12.75 ...
Explore the differences between the old and new tax regimes in India. Learn about the key features, benefits, and which option suits your financial situation best.
Explore the key differences between the old and new tax regimes in India. With Budget 2023 changes, find out which tax system benefits you more based on your income, deductions, and financial ...
Contrary to the general perception that the new tax regime is available only to individuals, it is actually applicable to all individuals, Hindu Undivided Families (HUFs), Associations of Persons ...
It remains at flat Rs 50,000 under the old tax regime. Choosing between the old and new tax regimes When deciding between the old and new tax regimes, assess both and choose the one suited best as ...
Tax liability in old regime (Rs) Tax liability in new regime (Rs) As per Value Education's explanation, for individuals with incomes between Rs 15-18 lakh, it is recommended to aim for a deduction ...
However, choosing between the old regime and the new tax regime is dependent on the person and his/her financial profile. Notably, the The New Tax Regime is beneficial for people who likes ...
The proposed bill states upon choosing the new regime, taxpayers are unable to revert to the previous system in subsequent ...