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In the fiscal year 2025-26, starting from April 1, 2025, the New Tax Regime will see new income tax slabs, including a tax ...
The new tax slabs under the New Tax Regime for FY 2025-26 are now in effect. Find out how the changes impact salaried ...
The new income tax slabs under the new tax regime proposed in Budget 2025 - with ... 5,75,000 and 30% of salary as house rent allowance (see table below). However, it is purely theoretical for ...
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 ...
New Income Tax Slabs FY 2025-26: Starting April 1, 2025, individuals opting for the new income tax regime won't pay taxes on taxable income up to Rs 12 lakh. The revised income tax slabs for FY ...
Filing your Income Tax Return (ITR) in 2025? If you're wondering whether you can shift between the new and old tax regimes, you're not alone. The ability to switch depends on your source of income ...
There are two types of income tax slabs - one under new tax regime and other under old tax regime. What is the difference between gross income and taxable income? Gross income includes all your ...
Finance Minister Nirmala Sitharaman’s budget announcements for FY25-26 come into effect today, and those who choose the new tax regime will have to pay significantly less this year.
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 extent of tax benefits for home loans would depend on whether you opt for a new or old tax regime. (Pixabay) I am currently working in Mumbai. I am currently residing in a rented apartment and ...