Learn about the new and old tax regimes, including tax rates and surcharges applicable to various income levels.
Budget 2025 simplifies tax rules and provides major relief to taxpayers. The new tax slabs, second-home exemption, senior ...
New tax slabs announced in Union Budget 2025, offering relief to middle class with tax-exemption up to ₹12 lakh.
Finance Minister Nirmala Sitharaman has announced changes to the income tax slabs in the new regime. As per the changes, ...
Employees earning up to Rs 13 lakh can now save income tax over and above the Rs 12 lakh income limit as there is a standard ...
The big question remains—should taxpayers still consider the Old Tax Regime? Previously, individuals claiming substantial ...
FM Sitharaman donned a Madhubani silk saree as she presented her eighth budget, highlighting Bihar projects. The opposition ...
Indian stock market indices, Sensex and Nifty 50, traded lower amid volatility today, 1 February 2025, after the Union Budget ...
Tax experts, industry observers, and banking leaders have lauded the Union Budget 2025-26 for its focus on economic growth, tax relief, and innovation across sectors. Announced by Finance Minister ...
The new tax regime is the default tax regime. The highest tax rate of 30% is applicable from net taxable income above Rs 15 lakh. However, the new tax regime offers limited deductions to the taxpayer.