Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...
There is no change in old tax regime. All the benefits like HRA, Housing Loan, Insurance Premium, etc., are still available.
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...
The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...
The Union Budget has made significant adjustments, including raising the cap of Rebates under Section 87A and drastically ...
Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...
He speaks about the new tax regime, complex provisions that exist in the law and his expectations from the new Income Tax Law ...
Taxpayers should note the revised tax slabs and rates announced in Budget 2025-26 will only be applicable for the Financial ...
Besides this, the benefit of standard deduction was extended to the taxpayers of the new tax regime as well. The highest surcharge was cut down from 37 per cent to 25 per cent in the new tax ...