The government’s latest tax overhaul of income tax slabs in Budget 2025 is aimed at introducing a more streamlined tax system ...
Check the updated income tax slabs, rates, and deductions announced in Union Budget 2025-26. Compare the new tax regime with ...
Under the proposed Union Budget 2025, a ₹60,000 rebate applies to incomes up to ₹12 lakh, enhancing the attractiveness of the ...
The government has also raised the TCS exemption limit on Liberalised Remittance Scheme (LRS) transactions from Rs 7 lakh to ...
LIVE: During the Union Budget 2025 announcements, Finance Minister Nirmala Sitharaman said that under the new tax slabs, over ...
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...
How will your tax be calculated? If your salary is more than Rs 12 lakh then how much tax? If salary is more than 12 lakh ...
In a post-Budget interview exclusively to PTI, Agrawal said the government's and the Income-Tax Department's philosophy and approach is to ensure a 'non-intrusive' tax administration in the country ...
The Union Budget 2025-26 has delivered the largest tax exemption hike in two decades, allowing individuals earning up to Rs 12 lakh annually to pay zero income tax under the new regime. This move aims ...
Though there is a standard deduction of Rs 75,000 under new tax regime, there are no deductions available for investments ...
The new tax regime, introduced in Budget 2020 and revised in Budget 2023, provides lower tax rates but removes most exemptions and deductions.