The Union Budget 2025-26 increased the income tax basic exemption limit to Rs 4 lakh under the new tax regime, benefiting all ...
The Union Budget for the fiscal year 2025-26 has brought a major change in the income tax structure. The basic exemption limit under the new tax regime has been increased from ₹3 lakh to ₹4 lakh. This ...
The current income tax slabs introduced for FY 2024-25 were designed to alleviate the tax burden on average taxpayers.
Finance Minister Nirmala Sitharaman had in July last year announced a comprehensive review of the Income-tax Act 1961.
Finance Minister Nirmala Sitharaman may not scrap the old tax regime, but tax sops, if any, are likely to be announced only ...