Read this table to see how much tax you can save at different income levels ranging from Rs 9 lakh to Rs 2.4 crore.

Shaadi.com founder and Shark Tank India star ... lakh would pay no tax, but this was widely misinterpreted. While there is a tax rebate, income up to Rs 12 lakh is not tax-exempt, but tax-free ...

In 2020, the Government of India introduced a new tax regime ... Deduction under section 80CCH: This is meant to provide tax exemptions for income gained via the Agnipath scheme.

The Union cabinet approved the income tax bill on 7 February to replace the existing law, and it is expected to be tabled in ...

Is it time to switch to the new income tax regime or does the old income tax regime with higher tax exemptions and deductions still make sense? Income Tax Slabs FY 2025-26 New versus Old Income ...

Tax free maturity proceeds for all ULIPs, money-back and other insurance policies only if non-residents buys it from IFSC by ...

But this doesn't mean that income up to Rs 12 lakh has been tax-exempted. Some people are confused between the terms tax-free and tax-exemption. While tax-free income means that deductions and ...

In a country at India's income level, is it right or wise to exempt those earning ₹12 lakh a year from the income-tax net?

Income Tax Slabs 2025 Live: How incomes of consultants and salaried taxpayers are taxed Salary income is taxed as ‘Income from Salary.’ Old tax regime allows several exemptions and ...

Unprecedented tax cuts in the Union Budget benefit a small minority, raising concerns about fiscal policy and economic growth.

The auto industry body acknowledged the government's move to exempt income tax for upto Rs 5,00,000 and said it will boost the demand for two-wheelers and small passenger vehicles. Individual tax ...

earning an annual income of up to INR 5 lakh are exempt from paying tax. Compare Surcharge Rate: Old Tax Vs. New Tax Regime The Government of India levies additional charges on individual ...