With no tax for income under ₹12 lakh, you have a higher incentive to opt for the new tax regime. This means your incentive ...

This Budget, FM Sitharaman tweaked the tax slabs in a manner that would benefit taxpayers in higher salary brackets as well, ...

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

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

The old tax regime remains unchanged. 'Taxpayers opting for it will continue to follow the existing slab rates and deductions ...

Pay zero tax on a salary above ₹12 lakh under the new tax regime with deductions like NPS contributions. A brief look into ...

Zero tax up to ₹12 lakh as well as the attractive new tax slabs are only applicable to the new tax regime, but at the same ...

When asked whether the budget announcement of zero tax on annual income up to ₹12 lakh would lead to 100% of taxpayers ...

The relief applies only to those who have opted for the new tax regime, it has sparked numerous questions about its real benefits. Here's a layman's explanation to help understand the changes.

Finance Minister announced significant tax cuts, raising the exemption limit to Rs 12 lakh, prompting many taxpayers to adopt ...

To the relief of middle-class tax payers, Finance Minister Nirmal Sitharaman announced a new tax slab during the Union Budget ...

Marginal relief is available to resident individuals whose income exceeds ₹12 lakh but does not exceed ₹12.75 lakh. If a ...