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

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

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

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

The National Pension System (NPS) carries a tax-exempt status, which is classified under the EEE (Exempt-Exempt-Exempt) ...

Most personal tax experts are of the view that the government will phase out the old income tax regime in the com ...

The focus of the Union Budget 2025 will likely remain on continuing the momentum of economic reforms and maintaining the ...

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

One of the arguments for revising income tax thresholds is the impact of inflation. While core inflation has largely been ...

After Budget 2024, employees opting for the New Tax Regime were eligible for an increased deduction of up to 14% of their ...