Many taxpayers are unaware of the income tax slabs that will apply to their income under the new tax regime, which is ...

The new regime eliminates most exemptions — such as Sections 80C, 80D, HRA, and LTA — but compensates with reduced tax slabs.

Finance Minister Nirmala Sitharaman presented the Union Budget 2020 in the Lok Sabha on Saturday. This is the second time Sitharaman tabled the Budget after ...

Preeti Sharma, Partner, Global Employer Services, Tax & Regulatory Services of BDO India shares her views on tax filing ...

Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments.

Income Tax Slabs and Rates (New Tax Regime – FY 2024-25) Income up to ₹3 lakh – NIL (No tax) ₹3 lakh to ₹7 lakh – 5% ₹7 lakh to ₹10 lakh – 10% ₹10 lakh to ₹12 lakh – 15% ...

ITR 2025: These rules govern the switching of income tax regime from new to old Salaried taxpayers can switch to the old tax regime if they believe that this would lead to higher tax savings even ...

The National Assembly yesterday unanimously adopted the Income Tax Bill of Bhutan 2025, a comprehensive tax reform to replace ...

Big tax savings are possible—even under the no-exemptions new regime. A case study shows how a Rs 50 lakh salaried employee legally cut taxes by Rs 3.75 lakh through NPS optimisation and better ...

Individual taxpayers without business income in India can freely switch between the old and new income tax regimes every year. However, the choice is subject to deadlines and procedural conditions ...