With the start of the new financial year, many income tax changes will take effect; understanding the latest income tax slabs ...
In the fiscal year 2025-26, starting from April 1, 2025, the New Tax Regime will see new income tax slabs, including a tax ...
Hosted on MSN1mon
Who should switch to new tax regime and who should stay with the old? Here's the maths after Budget 2025After the 2025 budget announced no income tax for people with income up to Rs 12 lakh it has become an easy decision for people with income up to 12 lakh. But the decision between old and new tax ...
Though the new income tax regime will feature revamped tax slabs from April 1, 2025 onwards, the old regime offers a slew of deductions and exemptions. The new income tax regime will feature the ...
Under the proposed new tax regime, income up to Rs 12 lakh for non-salaried class individuals and income up to Rs 12.75 lakh for salaried-class individuals are tax-free. But what if you are a salaried ...
Note:The slabs and rates of tax in the 'Proposed New Tax Regime Slab Rate' column apply to taxpayers of all ages. The new income tax slab rates result in lower taxes for individuals with net ...
the new regime typically offers a higher take-home pay. The comparison between the new and old regimes for different salary levels shows variations in tax liability and in-hand income. New vs old ...
The new tax regime could mean savings of up to ₹15,600 for people earning more than ₹13 lakh per month. A person earning ₹15 lakh will be losing out on at least ₹73,000 in tax benefits as ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results