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 her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up to Rs 4 lakh from basic tax. The old tax regime was kept unchanged.

The proposed changes could substantially increase the disposable income available to both middle-class and high-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 ...

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 ...

In Budget 2025, the government opted not to modify the existing tax regime or introduce any new deductions. Finance Minister ...

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 ...

Budget 2024 ushered in sweeping changes in the new tax regime, rejigging income tax slabs and hiking the standard deduction ...

Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through ...