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

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

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

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

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

As Budget 2025 approaches, whispers of scrapping the old income tax regime have grown louder. Has the old regime lost its ...

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

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

July 2024 steps will shape tax deductions and exemptions that can be claimed when filing an Income Tax Return (ITR) in July ...

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

The new tax regime for individuals could be modified and the government is examining possibility of reducing tax rates for ...

Income tax payers have a long wishlist, featuring a 30 percent tax slab only for those with incomes over Rs 20 lakh, inclusion of 80C and housing benefits under the new tax regime, and a special ...