The new tax regime was first introduced in Union Budget 2020-21 by inserting a new section, 115BAC, in the Income Tax Act for ...

Budget 2024 ushered in sweeping changes in the new tax regime, rejigging income tax slabs and hiking the standard deduction ...

While it is well known that new income tax regime is simplified tax regime without tax exemptions and deductions ...

In 2020, the finance minister unveiled the new tax regime, which offered taxpayers the option to pay lower tax but forego ...

With Finance Minister Nirmala Sitharaman set to present the Union Budget on February 1, rumours of a cut in income tax rates ...

A tax rebate is available on income up to Rs 7 lakh under the new tax regime and up to Rs 5 lakh under the old regime ...

Budget 2025: udget 2025 is expected to address taxpayers' concerns over the dual tax regime system, with experts advocating ...

With the Budget 2025 deadline nearing, the buzz is that the old income tax regime may be scrapped. Analysts point to the ...

Under the old tax regime a standard deduction of Rs 50,000 is available for the salaried class, on the other hand, under the ...

SBI suggests switching all taxpayers to the New Tax Regime to boost compliance and income before Budget 2025. Discover more ...