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 ...

Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through ...

A comparison of the two regimes would clearly indicate that the intention of the Government is to streamline the process and ...

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 ...

Union Finance Minister (FM) Nirmala Sitharaman, who presented her eighth consecutive Union Budget on February 1, streamlined ...

Recognising the significant contributions of the middle class, the Government of India has consistently reduced their tax ...

Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the ...

Marginal relief is available to resident individuals whose income exceeds ₹12 lakh but does not exceed ₹12.75 lakh. If a ...

CBDT chief discusses non-intrusive tax administration, simplified ITRs, and AI usage post-Budget for enhanced compliance and ...