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

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

Latest Income Tax Slabs FY 2025-26 after Budget 2025: In the new tax regime for FY 2025-26, individuals earning up to Rs 12 ...

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

The Finance Ministry has clarified that this zero tax liability applies only to the new tax regime, which has been the ...

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 deductions?

India’s tax system saw important updates, making the new tax regime the default for most taxpayers. While it offers lower tax rates, it removes many traditional exemptions.

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

The Finance Bill presented by the FM on February 1, 2025, had a bonanza for middle-class taxpayers. However, despite the tax ...

In this budget, Finance Minister Nirmala Sitharaman revealed that individuals earning up to Rs 12 lakh annually will be ...

Save more tax in old tax regime by claiming up to Rs 8.5 lakh tax deductions for a salary income up to Rs 25 lakh. Moreover, ...

What if someone earning above Rs 12.75 lakh annually chooses the old regime and claims the maximum deductions? Will it result in tax savings? This article explores the key deductions available under ...