Finance Minister Nirmala Sitharaman's Budget 2024 modified income tax slabs, favoring the new tax regime. The old regime, ...

Finance Minister Sitharaman revamped the income tax slabs in Budget 2024, enabling savings of up to ₹17,500. The standard ...

Now less than a month is left for the presentation of the General Budget 2025-26. In this budget, the government can offer ...

Increasing standard deduction would offset the benefits of exemptions available in the old tax regime, and revising tax slabs ...

One should note that there have been no modifications to the income tax rules, slabs, and rates in the Old Tax Regime.

Income tax payers have a long wishlist, featuring a 30 percent tax slab only for those with incomes over Rs 20 lakh, inclusion of 80C and housing benefits under the new tax regime, and a special ...

After the presentation of the Union Budget 2024, Finance Minister Nirmala Sitharaman addressed concerns surrounding the old ...

The year 2024 has brought in significant changes to India's personal income tax structure, with multiple reforms announced in ...

Without either of the two, the old tax regime doesn't make much sense. More than the changes in new regime slab rates, it’s the 'rationalisation' of capital gains tax rates that attracted more ...

The new tax regime for individuals could be modified and the government is examining possibility of reducing tax rates for ...

The PM Modi led government has come to power for second term in India, and Finance Minister Nirmala Sitharaman is all set to ...