For individuals earning Rs 15 lakh annually, opting for the old tax regime can result in tax savings of up to Rs 48,100, ...
There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.
The finance ministry said the rebate for individuals under the new regime should be increased so that they do not pay tax if their total income is up to ₹ 12 lakh.
The Union Budget 2025 introduces significant changes to India's income tax structure, offering substantial relief to salaried ...
Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.
Read this table to see how much tax you can save at different income levels ranging from Rs 9 lakh to Rs 2.4 crore.
Finance minister Nirmala Sitharaman on Saturday announced tax cuts for the middle class as she presented her eighth ...
The Budget 2025 introduces a revamped income tax structure, offering a full tax rebate for individuals earning up to Rs 12 ...
A major change introduced in the Finance Bill 2025 is restructuring the New Income Tax regime to provide more take home to salaried employees and encourage them to spend or invest further. The change ...
Save more tax in old tax regime by claiming up to Rs 8.5 lakh tax deductions for a salary income up to Rs 25 lakh. Moreover, ...
Budget 2025 prioritised three key areas: reviving consumption amid a notable slowdown, keeping inflation in check through a ...
Check the table below for the entire tax slab. It is recommended to use the income tax calculator to assess the exact income tax. First of all, you need to click this link on Income Tax India ...