Modifications in Budget 2021-2023. While the new tax regime remained mostly unchanged in the 2021 and 2022 budgets, Budget 2023 brought significant updates.

Budget 2025 income tax expectations: Most personal tax experts are of the view that the government will phase out the old income tax regime in the coming years. However, they are divided on how soon.

Result: The new regime saves Rs. 9,360, enough for one EMI top-up before the next ITR filing start date. Tax = Rs. 18,500 + ...

For the Financial Year 2025-26, if your annual income is Rs 12,89,000, marginal tax relief will apply for you. But will you ...

The Income Tax Bill 2025 promises to boost small businesses and address economic inequality, says Parliamentary Select ...

Heightened I-T dept scrutiny has compelled many salaried taxpayers to avail of deductions on 80C tax-saving investments, HRA, ...

Budget speech, Finance Minister Nirmala Sitharaman shared big news. Under the new regime, if you earn up to Rs 12 lakh, you ...

Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments.