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 ...
Most personal tax experts are of the view that the government will phase out the old income tax regime in the com ...
Recognising the significant contributions of the middle class, the Government of India has consistently reduced their tax ...
Good news for the middle class. Finance Minister Nirmala Sitharaman has announced a revised tax slabs and rates under the new ...
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...
Union Finance Minister (FM) Nirmala Sitharaman, who presented her eighth consecutive Union Budget on February 1, streamlined ...
A comparison of the two regimes would clearly indicate that the intention of the Government is to streamline the process and ...
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 ...
The move, which is expected to be part of the Union Budget 2025-26, aims to provide greater relief to taxpayers in the middle ...
Finance Minister Nirmala Sitharaman may not scrap the old tax regime, but tax sops, if any, are likely to be announced only ...
Highlights: Finance Secretary says 75% taxpayers have moved to the new Income Tax regime. "We expect all taxpayers to move to ...