Most personal tax experts are of the view that the government will phase out the old income tax regime in the com ...
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 ...
Switching between the Old Regime and the New Regime is possible for individuals, allowing their annual tax regime to ...
Budget 2024 ushered in sweeping changes in the new tax regime, rejigging income tax slabs and hiking the standard deduction ...
The new tax regime is now the default for taxpayers in FY 2023, allowing lower tax slabs but eliminating old deductions.
It is recommended to use the income tax calculator that computes the tax under both the regimes (old and new) before you can choose the one that leads to a lower tax outgo ...
Many tax experts expect changes in the income tax slabs under the new tax regime in Budget 2025. This is because the ...
SBI suggests switching all taxpayers to the New Tax Regime to boost compliance and income before Budget 2025. Discover more ...
Experts advocate that FM Sitharaman should introduce changes in the income tax slabs under the new tax regime in Budget 2025.