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, ...
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 ...
New system's simplicity, reduced tax liability, increased disposable income potential 'make it a formidable alternative' ...
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, ...
This Budget, FM Sitharaman tweaked the tax slabs in a manner that would benefit taxpayers in higher salary brackets as well, ...
As the Finance Minister presented the Union Budget 2025, taxpayers are left pondering: Old Tax Regime or New Tax Regime? Which one should one opt for? With changes to income tax slabs for FY26.
Finance Minister Nirmala Sitharaman raised the nil income tax slab to ₹12 lakh for salaried individuals. This entails a tax ...