The Government's endeavour has been to promote the new tax regime, and personal tax changes in the last few Budgets have been ...

These slabs apply to individuals, Hindu Undivided Families (HUFs), and associations, and are updated periodically to reflect ...

To make the new tax regime more attractive for the taxpayers, the government has raised the standard deduction to Rs 75,000 ...

Salaried taxpayers hope Budget 2025 will see some major taxation reforms, including much-needed tax relief for them, higher ...

In this write-up, we will analyze which tax regime — old or new — is more advantageous for individuals with an annual income of up to ₹15 lakh. For this comparison, we will assume the taxpayer is ...

The current income tax slabs introduced for FY 2024-25 were designed to alleviate the tax burden on average taxpayers.

The call for a rational income tax regime in India grows as the tax base remains narrow, with heavy reliance on the already taxed consuming classes.

To continue with this discussion, here is a broad overview of all the taxes that are applicable to an Indian consumer.

The government might extend the tax exemption for individual contributions to NPS under the new tax regime, along with several other projected deductions.

Budget 2025 is around the corner, and taxpayers are eagerly waiting for potential income tax changes! Should you stick to the old tax regime with deductions or switch to the new simplified structure?

Anyone earning Rs 2.5 lakh or more in India must file an ITR. This rule applies to everyone, not just high-income earners.