With the proposed changes, NPTR will now become far more appealing for individuals as it would mean availing beneficial tax ...
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...
The government’s latest tax overhaul of income tax slabs in Budget 2025 is aimed at introducing a more streamlined tax system ...
A key highlight this Budget for middle-class and salaried taxpayers is the exemption of income tax for those earning up to Rs ...
Finance Minister Nirmala Sitharaman announced the new tax slabs under the new tax regime, thus offering tax saving for taxpayers. There will no income tax for salaried taxpayers earning upto ₹12.75 ...
A comparison of the two regimes would clearly indicate that the intention of the Government is to streamline the process and ...
Many taxpayers preferred the old tax regime because it allowed them to claim deductions for expenses like house rent, home ...
Recognising the significant contributions of the middle class, the Government of India has consistently reduced their tax ...
The NDA government has implemented a range of incentives lately to promote the acceptance of the new tax regime. However, the ...
Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the ...
Learn about the new and old tax regimes, including tax rates and surcharges applicable to various income levels.
In Budget 2025, the government opted not to modify the existing tax regime or introduce any new deductions. Finance Minister ...