With the proposed changes, NPTR will now become far more appealing for individuals as it would mean availing beneficial tax ...
A key highlight this Budget for middle-class and salaried taxpayers is the exemption of income tax for those earning up to Rs ...
New system's simplicity, reduced tax liability, increased disposable income potential 'make it a formidable alternative' ...
Individuals earning up to Rs 12,00,000 per annum exempted from income tax; salaried taxpayers get additional Rs 75,000 ...
Many taxpayers preferred the old tax regime because it allowed them to claim deductions for expenses like house rent, home ...
The NDA government has implemented a range of incentives lately to promote the acceptance of the new tax regime. However, the ...
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, ...
Those earning between Rs 12 lakh and Rs 24 lakh (or Rs 24.75 lakh for salaried individuals) will pay 25-31% less tax.
Budget 2025: New Tax Slab Vs Old Tax Slab - New Tax Regime Simplified | What Is The 87A Rebate? Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, ...
Latest income tax slabs 2025-26 post Budget 2025: Finance Minister Nirmala Sitharaman announced zero tax for individuals ...
Under the new tax regime, the government has also introduced new tax slabs, lowering the tax burden on middle-income earners.
Finance Minister Nirmala Sitharaman raised the nil income tax slab to ₹12 lakh for salaried individuals. This entails a tax ...