The new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...

Despite the removal of many benefits, certain allowances remain exempt under the new tax regime, providing some relief to ...

Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...

It is advocated by the Government that 75% of the assessees have moved to the New Tax Regime, which is not out of love and ...

Workers putting in extra hours will be rewarded under Trump’s proposal, which seeks to exempt overtime pay from taxation, ...

What if you earn more than Rs 12.75 lakh? Should you pick the new tax regime for lower rates or stick to the old one for ...

The new tax regime has become quite attractive for the middle-class taxpayers. In FY 2023-24, around 74 percent of taxpayers ...

Introduced in the Union Budget 2020, the new tax regime offers significant reductions in tax rates, but limits the ...

The old tax regime remains unchanged. 'Taxpayers opting for it will continue to follow the existing slab rates and deductions ...

Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...

FM Nirmala Sitharaman announced major income tax relief, with no tax payable on income up to Rs 12 lakh. New tax regime to be ...