The old tax regime remains unchanged. 'Taxpayers opting for it will continue to follow the existing slab rates and deductions ...
By investing in NPS and applying standard deduction of Rs 75,000, taxpayers earning Rs 13.7 lakh salary can pay zero tax; ...
The incentives to switch to the new tax regime... are viewed as a negative due to potential loss of customers who buy ...
Under the new regime, the tax liability for individuals earning Rs 12 lakh or Rs 12.75 lakh (for salaried persons) is Rs ...
To the relief of middle-class tax payers, Finance Minister Nirmal Sitharaman announced a new tax slab during the Union Budget ...
Here are the income tax rates, standard deduction available, basic exemption limit, rebate and deductions under both the new ...
The Budget proposes revised slabs and rates, which Sitharaman said would reduce the tax burden on the middle class, allowing ...
When asked whether the budget announcement of zero tax on annual income up to ₹12 lakh would lead to 100% of taxpayers ...
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 ...
With the increase in exemption slab to Rs 12 lakh, those who earn up to Rs 1 lakh per month will not have to pay any Income ...
Under the proposed Union Budget 2025, a ₹60,000 rebate applies to incomes up to ₹12 lakh, enhancing the attractiveness of the ...