India's Budget 2025 may potentially abolish the old tax regime. The new tax regime, default since 2020-21, offers simplified, ...

Finance Minister Nirmala Sitharaman’s Budget 2024 modified income tax slabs, favouring the new tax regime. The old regime, ...

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

Salaried employees opting for the old tax regime for FY 2024-25 must submit investment proofs to claim exemptions and ...

Starting from 2024, the default tax-filing regime will be the New Tax Regime, which features a simplified process but limited ...

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.

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

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

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

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

Budget: There is a reason why people demand standard deduction before every Budget. If you are a businessperson, you can ...