Salary income: The standard deduction of INR 75,000 will continue for new regime taxpayers, compared to INR 50,000 under the old tax regime. The new tax regime provides a total rebate of INR ...

The Union Budget 2025 introduces a revamped tax regime, exempting individuals earning up to Rs 12 lakh annually from income tax liability, while raising the tax-free threshold for salaried taxpayers ...

Union Budget 2025 sparks debate between old and new tax regimes, offering exemptions vs. simplified slabs and lower rates.

With Budget 2025 raising break-even limits, tax savings under the old regime seem tougher. But for salaried couples in ...

Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant income tax relief for the middle class in the Union Budget 2025, eliminating ...

What Are The New Tax Slabs? The tax slabs under the new regime have been revised in Budget 2025. A salaried individual will pay zero tax for annual income up to Rs 4 lakh. In the Rs 4 lakh - to Rs ...

salaried taxpayers have been wondering whether the old income tax regime will eventually be phased out. The new income tax regime was introduced as an optional tax regime FY 2020-21 onwards.

New Income Tax Bill retains provisions from 1961 Act, offers flexibility, transparency, and aims to simplify tax laws.

Will the new tax regime put more money in your pocket, or should you stick with the old regime? Here is all you need to know.

With 72% of taxpayers now opting for the New Tax Regime, it's important to understand the deductions available under this ...

The budget’s biggest, shiniest takeaway: no tax on income up to ₹12 lakh. Union finance minister Nirmala Sitharaman’s announcement was met with much cheer and enthusiastic number-crunching ...

The Union Budget 2025, presented in the Parliament Session on February 1, 2025, introduced major reforms in exemptions and deductions under the new tax regime for the Financial Year (FY) 2025-26 and ...