Save more tax in old tax regime by claiming up to Rs 8.5 lakh tax deductions for a salary income up to Rs 25 lakh. Moreover, ...

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

With the proposed changes, NPTR will now become far more appealing for individuals as it would mean availing beneficial tax ...

With no tax for income under ₹12 lakh, you have a higher incentive to opt for the new tax regime. This means your incentive to invest in tax saving instruments is lower than it ever was. Should you, ...

Latest income tax slabs 2025-26 post Budget 2025: Finance Minister Nirmala Sitharaman announced zero tax for individuals ...

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 a new tax regime exempting taxpayers with salaries below Rs 12 lakh from paying ...

Many taxpayers preferred the old tax regime because it allowed them to claim deductions for expenses like house rent, home ...

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

Those earning between Rs 12 lakh and Rs 24 lakh (or Rs 24.75 lakh for salaried individuals) will pay 25-31% less tax.

The Budget 2025 brings major tax relief for the middle class, making the new tax regime more attractive. From higher exemptions to simplified compliance, the reforms aim to boost savings, investment, ...

By Nidhi Jacob On February 1, 2025, Union Finance and Corporate Affairs Minister Nirmala Sitharaman announced that the nil ...