In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...
For individuals earning Rs 15 lakh annually, opting for the old tax regime can result in tax savings of up to Rs 48,100, ...
In this write-up, we will analyze which tax regime — old or new — is more advantageous for individuals with an annual income ...
In Budget 2025-26, the rebate under the new tax regime has been raised to Rs 60,000 (previously Rs 25,000) for total income ...
Under the New Tax Regime, both individuals receiving a salary and pensioners can now benefit from a standard deduction of Rs ...
You can use income tax calculator to compute income tax under both the regimes i.e., new tax regime and old tax regime, ...
Here are the income tax slabs, rates, and deductions announced by Finance Minister Nirmala Sitharaman in the Union Budget ...
The highlight of Finance Minister Nirmala Sitharaman's eighth consecutive Budget is the relief to middle-class taxpayers from the salaried class. But the Budget speech, which also announced revised ...
FM Nirmala Sitharaman announced major income tax relief, with no tax payable on income up to Rs 12 lakh. New tax regime to be ...
Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through ...
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...