The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...

Apart from zero tax for about a crore people earning Rs 12 lakh a year, slabs also recast to benefit those in higher salary brackets. How much do you save if you earn over Rs 15 lakh a year? We ...

With the new tax slabs, the standard deduction of ₹75,000, over and above the ₹12 lakh limit under the new tax regime, furthers the agenda of driving up savings, investments and consumption.

Under the proposed Union Budget 2025, a ₹60,000 rebate applies to incomes up to ₹12 lakh, enhancing the attractiveness of the ...

With income tax rates becoming even more attractive under the new tax regime, will the old tax regime become completely ...

Finance Minister Nirmala Sitharaman has brought big cheer for middle class taxpayers - it’s a bonanza like never b ...

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

SEO Meta Description: Budget 2025-26 proposes new tax slab rates. Compare old vs new regime to see which offers better savings based on income and exemptions.

Currently, about 74-75 per cent of taxpayers file their returns under the new income tax regime, the official said citing government data.

Under the new tax regime, individuals earning up to ₹12 lakh can claim a full tax rebate under Section 87A.This effectively ...

Union Budget 2025 has introduced significant changes in the income tax structure, providing relief to the middle class and salaried individuals.