
New tax regime (from FY 2025-26): Those with taxable income of Rs 12.75 lakh or less can get a tax…
India Inc’s confidence in GST has grown significantly over the past eight years, driven by simplified compliance and digitisation, said…
In this article, we will dive deep into both tax regimes – Old Tax Regime and New Tax Regime. The…
If you do not choose the tax regime thoughtfully and state it in the investment declaration to the employer, higher…
Under the new tax regime, individuals with annual income up to Rs 7 lakh can avail a rebate under Section…
Section 115BAC of the Income Tax Act lays down the tax slabs and rules applicable under the new tax regime.
A taxpayer can claim a deduction under Section 24(b) for interest paid on a home loan for a rented property,…
Income Tax: The changes in slabs and tax rates may sound relieving, but these new provisions will not be applicable…
It is important to highlight that Section 115BAC of the I-T Act, which pertains to the New Tax Regime, is…
This tool allows individuals to compare their tax liability under both the old and new tax regimes by entering their…
Tax experts suggest that individuals can achieve zero tax liability on an income of Rs 14.77 lakh through strategic planning.…
The biggest change is the revised tax slab, which ensures that individuals earning up to Rs 12 lakh annually will…
Despite the removal of many benefits, certain allowances remain exempt under the new tax regime, providing some relief to employees.
Let’s understand how the New Tax Regime will function with the latest amendments.
How much tax can be saved in new tax regime for Income 25 Lakh: he new tax proposal, effective from…
The budget announcement has come as a big relief for taxpayers, especially the middle class, as this will significantly reduce…
Income Tax Slab Changes 2025: The updated slabs show a shift in the tax-free income threshold from Rs 3 lakh…