In the general budget to be presented on February 1, people will be waiting for the announcements related to income tax. If ...

The Union Budget 2025-26 is anticipated to bring potential income tax relief, especially for individuals earning up to Rs 15 ...

Announcing a cut on the existing tax rates prevailing across four taxation slabs ... available under the old tax regime and nothing more, subscribing to the new tax regime will provide a ...

Under the new tax regime, the same taxpayers will have to pay ₹1,95,000. However, if you don’t avail any tax saving options — you would be paying ₹2,73,000 subject to the old tax slabs.

Income tax slab: In Budget 2024, Finance Minister Sitharaman introduced key changes to the income tax slabs under the new tax regime to ... However, the old tax regime remains unchanged.

The year 2024 has brought in significant changes to India's personal income tax structure, with multiple reforms announced in ...

Follow Financial Express Online Blog for latest Budget 2020 Income Tax related updates.

Individual taxpayers are currently facing confusion regarding the choice between the old ... new tax regimes, which were introduced in the Union Budget 2023. While the new regime offers lower slab ...

The old tax regime with the regular income slabs and eligible deductions/exemptions and the new tax regime with relatively wider income slabs and lower tax rates, without most deductions ...