Increasing standard deduction would offset the benefits of exemptions available in the old tax regime, and revising tax slabs ...

Finance Minister Sitharaman revamped the income tax slabs in Budget 2024, enabling savings of up to ₹17,500. The standard ...

The upcoming budget may focus on the new income tax regime yet again to increase its appeal compared to the old tax regime.

Budget 2024's revamped tax regime offers simplified slabs, higher deductions, and savings up to Rs 17,500 annually, enhancing flexibility and easing tax compliance for taxpayers.

Now less than a month is left for the presentation of the General Budget 2025-26. In this budget, the government can offer ...

The income tax rules have changed in recent years. Due to this, not all salaried employees now have to submit investment and ...

Expectations of senior citizens include a proposed revision to the basic tax exemption limit within the new tax regime.

One should note that there have been no modifications to the income tax rules, slabs, and rates in the Old Tax Regime.

This has reignited the debate between the New Tax Regime and the Old Tax Regime, with individuals weighing the benefits of ...

Choosing between the New and Old Tax Regime depends on an individual’s financial profile. The New Tax Regime is more suitable ...

Going into Budget 2025, tax payers and investors are keen on many structural changes that may be announced. The previous ...

As the country keenly awaits February 1st, the most treaded class in the economy, the middle class is waiting for the ...