Both the old and new tax regimes have advantages and disadvantages, but the New Personal Tax Regime is the best option for taxpayers making up to Rs. 12 lakhs per year since it provides a full refund ...

The Union Budget 2025 has introduced some major changes to India’s income tax structure. If you’re a salaried employee or ...

There is a marginal relief of up to Rs 22,222 under the new regime until the net taxable income reaches Rs 7,22,222. Marginal relief ensures that the excess tax liability is limited to the excess ...

April is the month when your employer asks you to choose between the old and new tax regime for TDS on salary for FY 2025-26.

During the fiscal year 2025-26, commencing from April 1, 2025, the New Tax Regime will introduce revised income tax brackets.

Salaried individuals can switch between old and new tax regimes every year, while business owners have limited flexibility.

Indian taxpayers have the option to switch between the new and old income tax regimes annually, following the changes ...

Though the new income tax regime will feature revamped tax slabs from April 1, 2025 onwards, the old regime offers a slew of deductions and exemptions. The new income tax regime will feature the ...

With the start of the new financial year, many income tax changes will take effect; understanding the latest income tax slabs ...

The new tax regime will have new income tax slabs from FY 2025-26. Many salaried employees hesitated to switch to the new tax ...

The income tax calculator helps you calculate tax under both the old and new tax regime for all categories of taxpayers ...