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

The new tax regime will have new income tax slabs from FY 2025-26. Many salaried employees hesitated to switch to the new tax ...

This would come down to Rs 3,12,000 in 2025-26 under New Tax Regime." Your financial situation and the number of exemptions you are eligible for in the current regime will influence your choice ...

They warn Republicans plan to slash government programs and services that ... Senate Republicans take the view that since the tax cuts are already the current policy, they would not be new — and would ...

including income sources and current deductions. For those with fewer investments under Section 80C or those who do not utilise extensive tax-saving instruments, the new regime presents a ...

A tax bill will set a flat 3.99% tax for all South Carolinians in 2026, but there are winners and losers in this new bill.

These attributes make them indispensable components of a diversified financial portfolio, irrespective of the current tax incentives. The new regime's focus on lower tax rates can be complemented ...

New Tax Regime Calculations: The proposed new tax regime allows a non-salaried individual to have a tax-free income up to Rs 12,00,000. For salaried-class individuals, it is Rs 12,75,000. But what if ...

The new tax regime (NTR) will now be considered as a default regime, but it may not necessarily be a better option for all the taxpayers, experts said. "The NTR shall now be considered as a ...

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 ...

However, it is important to note that the deductions and exemptions will no longer be available under the new tax regime. ET Wealth decodes for you how your current salary structure in the old tax ...