Union Finance Minister Nirmala Sitharaman’s Budget 2025 proposals, which include a substantial hike in the tax exemption ...

Key changes in Income Tax rules for FY2026, which were introduced in Union Budget 2025, include raised rebate limits, revised ...

The new, minimal-exemptions tax regime is set to be the favoured choice of most taxpayers in 2025-26, thanks to the raft of ...

Finance Minister Nirmala Sitharaman made a slew of announcements during her Budget speech this year aimed to simplify India's ...

Additionally, the new income tax regime will be the default option starting from April 1, 2025 for taxpayers. Those who wish to continue using the old regime (allowing deductions) need to opt in ...

In an official release, the PIB announced enhancements to the new tax regime, including an increase in the standard deduction from Rs 50,000 to Rs 75,000.

With the start of the new financial year, many income tax changes will take effect; understanding the latest income tax slabs ...

Individuals can avail revised tax slabs in the new income tax regime from financial year 2025-26. Here is a thorough ...

While the old tax regime promotes savings through tax benefits, the new one is simpler, involves less paperwork and reduces ...

Taxpayers should consider a few key factors before making a choice. The old regime allows deductionswhereas the new regime ...