Currently, about 74-75 per cent of taxpayers file their returns under the new income tax regime, the official said citing government data.

These are open-ended funds and have a lock-in period of three years as compared with five years for unit-linked insurance ...

The Union Budget 2025 has introduced a new rebate for incomes up to ₹12 lakh, but it’s not a one-size-fits-all benefit.

Read this table to see how much tax you can save at different income levels ranging from Rs 9 lakh to Rs 2.4 crore.

Apart from zero tax for about a crore people earning Rs 12 lakh a year, slabs also recast to benefit those in higher salary brackets. How much do you save if you earn over Rs 15 lakh a year? We ...

The Finance Minister has adjusted tax slabs for the middle class in the new tax regime, offering greater savings and tax ...

Chairman Ravi Agrawal on Sunday said that more than 90 per cent of individual taxpayers might be promoted to embrace the new tax regime after the budget announcement of zero tax for earnings up to Rs ...

The Union Budget 2025-26 has delivered the largest tax exemption hike in two decades, allowing individuals earning up to Rs 12 lakh annually to pay zero income tax under the new regime. This move aims ...

While a majority of the middle class is said to benefit out of the new tax regime, it takes away all the exemptions on ...

Ravi Agrawal says simplified tax slabs and zero tax on income up to ₹12 lakh will push more taxpayers to adopt the new regime ...

CBDT chief discusses non-intrusive tax administration, simplified ITRs, and AI usage post-Budget for enhanced compliance and ...

The budget outlines 10 broad development measures under the four pillars of Viksit Bharat, namely 'Nari Shakti, Yuva Shakti, ...