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 ...
India's Budget 2025 may potentially abolish the old tax regime. The new tax regime, default since 2020-21, offers simplified, ...
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.
The Union Budget 2025-26 is anticipated to bring potential income tax relief, especially for individuals earning up to Rs 15 ...
After the presentation of the Union Budget 2024, Finance Minister Nirmala Sitharaman addressed concerns surrounding the old ...
This has reignited the debate between the New Tax Regime and the Old Tax Regime, with individuals weighing the benefits of ...
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.
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 ...
The new tax regime for individuals could be modified and the government is examining possibility of reducing tax rates for ...
Budget 2024 liberalised I-T slabs under the new simplified regime further, incentivising a shift away from the old, with-exemptions tax regime. These are the I-T slabs and effective tax rates for 2024 ...