Under the proposed Union Budget 2025, a ₹60,000 rebate applies to incomes up to ₹12 lakh, enhancing the attractiveness of the ...

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 ...

Nirmala Sitharaman's eighth consecutive Budget is the relief for middle-class salaried taxpayers, though the revised tax ...

The income tax system in India operates through a progressive slab structure. The amount of tax an individual pays is ...

In a major move to ease the tax burden on middle-class taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced ...

A tax rebate is available on income up to Rs 7 lakh under the new tax regime and up to Rs 5 lakh under the old regime ...

Income Tax Calculator: During Budget 2025, Union Finance Minister Nirmala Sitharaman announced new tax rates, offering relief to the salaried taxpayers. With a higher tax rebate of upto ₹ 60,000 ...

The government’s move to propose a new income tax law has reignited discussions, especially since no relief was announced for taxpayers under the old regime, while the new regime saw significant ...

The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...

Learn about the new and old tax regimes, including tax rates and surcharges applicable to various income levels.

Finance Minister announced changes in individual income tax slab rates in her Budget 2025. Let us look into the New Income ...