The new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...

Save more tax in old tax regime by claiming up to Rs 8.5 lakh tax deductions for a salary income up to Rs 25 lakh. Moreover, ...

Despite the removal of many benefits, certain allowances remain exempt under the new tax regime, providing some relief to ...

It is advocated by the Government that 75% of the assessees have moved to the New Tax Regime, which is not out of love and ...

Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...

Workers putting in extra hours will be rewarded under Trump’s proposal, which seeks to exempt overtime pay from taxation, ...

Introduced in the Union Budget 2020, the new tax regime offers significant reductions in tax rates, but limits the ...

The new tax regime has become quite attractive for the middle-class taxpayers. In FY 2023-24, around 74 percent of taxpayers ...

The old tax regime remains unchanged. 'Taxpayers opting for it will continue to follow the existing slab rates and deductions ...

Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...

Latest Income Tax Slabs FY 2025-26 after Budget 2025: In the new tax regime for FY 2025-26, individuals earning up to Rs 12 ...

Many taxpayers preferred the old tax regime because it allowed them to claim deductions for expenses like house rent, home ...