The government’s latest tax overhaul of income tax slabs in Budget 2025 is aimed at introducing a more streamlined tax system ...

The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...

If you are still confused about which tax regime to choose after Budget 2025 proposals, here is how to choose between the old ...

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 ...

According to Union Finance Minister Nirmala Sitharaman, the tax slabs under the new regime aim to substantially reduce the ...

Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the ...

Nirmala Sitharaman made a historic announcement that there will be no income tax payable for those with an income upto ₹12 lakh.

The Union Budget 2025-26 has delivered the largest tax exemption hike in two decades, allowing individuals earning up to Rs 12 lakh annually to pay zero income tax under the new regime. This move aims ...

The government has also raised the TCS exemption limit on Liberalised Remittance Scheme (LRS) transactions from Rs 7 lakh to ...

Under the new tax regime, individuals earning up to ₹12 lakh can claim a full tax rebate under Section 87A.This effectively ...

Currently, about 74-75 per cent of taxpayers file their returns under the new income tax regime, the official said citing government data.

The big question remains—should taxpayers still consider the Old Tax Regime? Previously, individuals claiming substantial ...