You can use income tax calculator to compute income tax under both the regimes i.e., new tax regime and old tax regime, ...
To make the new tax regime more attractive for the taxpayers, the government has raised the standard deduction to Rs 75,000 ...
Since its introduction, the government has actively promoted the new tax regime, citing its reduced compliance burden for ...
Most personal tax experts are of the view that the government will phase out the old income tax regime in the com ...
These slabs apply to individuals, Hindu Undivided Families (HUFs), and associations, and are updated periodically to reflect ...
Budget 2024 ushered in sweeping changes in the new tax regime, rejigging income tax slabs and hiking the standard deduction ...
In 2020, the finance minister unveiled the new tax regime, which offered taxpayers the option to pay lower tax but forego ...
The new tax regime is now the default for taxpayers in FY 2023, allowing lower tax slabs but eliminating old deductions.
With the Budget 2025 deadline nearing, the buzz is that the old income tax regime may be scrapped. Analysts point to the ...
Switching between the Old Regime and the New Regime is possible for individuals, allowing their annual tax regime to ...
Standard deduction is a flat deduction available on the salary income that helps reduce the taxable income of a t ...
Budget 2025: udget 2025 is expected to address taxpayers' concerns over the dual tax regime system, with experts advocating ...