Finance Minister Nirmala Sitharaman’s Budget 2024 modified income tax slabs, favoring the new tax regime. The old regime, ...

Finance Minister Sitharaman revamped the income tax slabs in Budget 2024, enabling savings of up to ₹17,500. The standard ...

Now less than a month is left for the presentation of the General Budget 2025-26. In this budget, the government can offer ...

Income tax payers have a long wishlist, featuring a 30 percent tax slab only for those with incomes over Rs 20 lakh, inclusion of 80C and housing benefits under the new tax regime, and a special ...

The Income Tax slab for senior citizens is part of the Indian Income Tax Act and supports their financial stability by ...

One should note that there have been no modifications to the income tax rules, slabs, and rates in the Old Tax Regime.

Budget 2024's revamped tax regime offers simplified slabs, higher deductions, and savings up to Rs 17,500 annually, enhancing flexibility and easing tax compliance for taxpayers.

The new tax regime for individuals could be modified and the government is examining possibility of reducing tax rates for ...

July 2024 steps will shape tax deductions and exemptions that can be claimed when filing an Income Tax Return (ITR) in July ...

Budget 2025-26 may offer tax benefits for incomes up to Rs 15 lakh, boosting disposable income and driving economic growth.

The year 2024 has brought in significant changes to India's personal income tax structure, with multiple reforms announced in ...

The PM Modi led government has come to power for second term in India, and Finance Minister Nirmala Sitharaman is all set to ...