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

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

With the Budget scheduled to be released on Feb 1, 2025 and the new tax regime being the focus of the government, major ...

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

The central government has been modifying the New Tax Regime in the last few Budgets by including certain deductions and considering relaxation. In Budget 2025, experts are advocating for the ...

Interest incurred on home loans is a popular deduction available under Section 24(b) in the old tax regime. However, the same ...

With the rising cost of living and inflationary pressures, taxpayers, especially the salaried class, are expecting increased ...

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

The government's flagship, simplified New Tax Regime has slowly but surely gained tax payers' acceptance. In Assessment Year ...

Despite the simplicity of the new tax regime, many taxpayers still prefer the old system due to its various deductions and ...