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 ...
Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on February 1, with expectations of tax relief, EV ...
The Government's endeavour has been to promote the new tax regime, and personal tax changes in the last few Budgets have been ...
Taxpayers are keenly awaiting possible reductions in tax rates and increased exemption limits, amid ongoing high inflation ...
To make the new tax regime more attractive for the taxpayers, the government has raised the standard deduction to Rs 75,000 ...
Salaried taxpayers hope Budget 2025 will see some major taxation reforms, including much-needed tax relief for them, higher ...
Interest incurred on home loans is a popular deduction available under Section 24(b) in the old tax regime. However, the same ...
Anyone earning Rs 2.5 lakh or more in India must file an ITR. This rule applies to everyone, not just high-income earners.
The upcoming Budget for 2025-26 is likely to be used to indicate shifts in policies and preferences as well as clearly laying ...
With the Budget 2025 deadline nearing, the buzz is that the old income tax regime may be scrapped. Analysts point to the ...
What will the income tax slabs and income tax rates after Union Budget 2025? Will FM Nirmala Sitharaman raise the standard ...
Also Read: Union Budget 2025: Will Nirmala Sitharaman Slash Tariffs, End Protectionism, Crony Capitalism To Empower MSMEs?