You can use income tax calculator to compute income tax under both the regimes i.e., new tax regime and old tax regime, ...

Since its introduction, the government has actively promoted the new tax regime, citing its reduced compliance burden for ...

What will the income tax slabs and income tax rates after Union Budget 2025? Will FM Nirmala Sitharaman raise the standard ...

The question on everyone’s mind is whether the government will eliminate or revise the 30% tax slab in the upcoming budget.

The Government's endeavour has been to promote the new tax regime, and personal tax changes in the last few Budgets have been ...

These slabs apply to individuals, Hindu Undivided Families (HUFs), and associations, and are updated periodically to reflect ...

Stocks that could benefit from announcements include Hindustan Unilever, Maruti Suzuki India and Godrej Consumer Products, as ...

To make the new tax regime more attractive for the taxpayers, the government has raised the standard deduction to Rs 75,000 ...

Taxpayers are keenly awaiting possible reductions in tax rates and increased exemption limits, amid ongoing high inflation ...

Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget 2025 this week. This will be her eig ...

In this write-up, we will analyze which tax regime — old or new — is more advantageous for individuals with an annual income of up to ₹15 lakh. For this comparison, we will assume the taxpayer is ...

The current income tax slabs introduced for FY 2024-25 were designed to alleviate the tax burden on average taxpayers.