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The attractiveness of the new tax regime has increased due to a hike in tax rebate under Section 87A and new income tax slabs ...
The revisions introduced under the new tax regime aim to make the new regime easier, cut down on paperwork, and minimise the ...
The Union Budget 2025 has introduced some major changes to India’s income tax structure. If you’re a salaried employee or ...
The new, minimal-exemptions tax regime is set to be the favoured choice of most taxpayers in 2025-26, thanks to the raft of announcements in this year's budget.
The new 2025-26 income tax regime, offering up to ₹12 lakh of tax-free income per year, presents opportunities for growth.
A basic understanding of income tax slabs and how they change with every Union Budget can help you plan your finances better.
The new tax regime will have new income tax slabs from FY 2025-26. Many salaried employees hesitated to switch to the new tax ...
There is a marginal relief of up to Rs 22,222 under the new regime until the net taxable income reaches Rs 7,22,222. Marginal relief ensures that the excess tax liability is limited to the excess ...
The Union Budget 2025-26 has sparked widespread interest across households, businesses, and professionals alike — and for good reason. With a clear focus on good governance, voluntary compliance, and ...
Though the new income tax regime will feature revamped tax slabs from April 1, 2025 onwards, the old regime offers a slew of deductions and exemptions.
With the new regime, the threshold of income above which income is exempt from taxation remains at Rs 3 lakh, but the slabs have been tweaked so that tax incidence on the mid-level earners is ...