Finance Minister Nirmala Sitharaman’s Budget 2024 modified income tax slabs, favouring 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 ...

India's Budget 2025 may potentially abolish the old tax regime. The new tax regime, default since 2020-21, offers simplified, ...

Choosing between the New and Old Tax Regime depends on an individual’s financial profile. The New Tax Regime is more suitable ...

The Union Budget 2025-26 is anticipated to bring potential income tax relief, especially for individuals earning up to Rs 15 ...

In the general budget to be presented on February 1, people will be waiting for the announcements related to income tax. If ...

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 ...

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

The upcoming budget may focus on the new income tax regime yet again to increase its appeal compared to the old tax regime.

Budget 2024's revamped tax regime offers simplified slabs, higher deductions, and savings up to Rs 17,500 annually, enhancing flexibility and easing tax compliance for taxpayers.

The first slab can be from Rs 4 lakh to Rs 7 lakh instead of Rs 3 lakh to Rs 6 lakh now, and other slabs would get adjusted ...