This will help the middle class save about Rs 80,000 every year in the form of tax. The government has given all these ...

Another Amendment To The Everchanging Rules Of ESOP Taxation. Legal News and Analysis - Czech Republic - Tax - Conventus Law ...

Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the ...

FM Sitharaman is set to introduce the Income Tax Bill 2025 today. Find out what's new in the proposed tax system.

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 ...

New vs Old Tax Regime: In a major relief for taxpayers, the Union Budget 2025 has revamped the new tax regime, exempting individuals earning up to Rs 12 lakh annually from income tax. In a major ...

Compare Surcharge Rate: Old Tax Vs. New Tax Regime The Government of India levies ... to strict editorial integrity standards. To the best of our knowledge, all content is accurate as of the ...

We are not incentivising the old tax scheme. These taxpayers will also shift to the new regime after comparison.' IMAGE: Finance Minister Nirmala Sitharaman with the Budget team. Photograph ...

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 ...

Budget 2025 offers ₹60,000 rebate for incomes up to ₹12 lakh under new tax regime. (Representational image)(REUTERS) This makes the old tax regime, which has 5 per cent, 20 per cent ...

you will continue to be under the old tax regime. Under the new tax regime, the calculation is simple and if you have to save tax, then you will have to opt for it. We do not want to further ...