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 ...
Marginal relief is available to resident individuals whose income exceeds ₹12 lakh but does not exceed ₹12.75 lakh. If a ...
A comparison of the two regimes would clearly indicate that the intention of the Government is to streamline the process and ...
Finance Minister Nirmala Sitharaman announced the new tax slabs under the new tax regime, thus offering tax saving for taxpayers. There will no income tax for salaried taxpayers earning upto ₹12.75 ...
Recognising the significant contributions of the middle class, the Government of India has consistently reduced their tax ...
The Union Budget 2025-26 increased the income tax basic exemption limit to Rs 4 lakh under the new tax regime, benefiting all ...
Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through ...
In Budget 2025, the government opted not to modify the existing tax regime or introduce any new deductions. Finance Minister ...
CBDT chief discusses non-intrusive tax administration, simplified ITRs, and AI usage post-Budget for enhanced compliance and ...
Learn about the new and old tax regimes, including tax rates and surcharges applicable to various income levels.
Ravi Agarwal, Chairman of the Central Board of Direct Taxes, says Income Tax Act simplified by 50% in new draft bill with ...