Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...

Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...

The biggest change is the revised tax slab, which ensures that individuals earning up to Rs 12 lakh annually will not have to pay any income tax ...

The new tax regime has become quite attractive for the middle-class taxpayers. In FY 2023-24, around 74 percent of taxpayers ...

What if you earn more than Rs 12.75 lakh? Should you pick the new tax regime for lower rates or stick to the old one for ...

For individuals earning Rs 15 lakh annually, opting for the old tax regime can result in tax savings of up to Rs 48,100, ...

Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...

Union Finance Minister Nirmala Sitharaman explained that these revisions are designed to increase disposable income, ...

In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...

New system's simplicity, reduced tax liability, increased disposable income potential 'make it a formidable alternative' ...

The new income tax law will be easier to understand, free of outdated provisions, and aims to encourage taxpayers to switch ...

For high earners, the new tax regime generally offers more savings, but those with significant deductions may still prefer ...