The new Income Tax Bill will replace the current Income Tax Act, once it becomes effective from April 1, 2026. However, many ...
The proposed bill states upon choosing the new regime, taxpayers are unable to revert to the previous system in subsequent ...
Are you left scratching your head about the changes in tax slabs in the new regime announced in Union Budget 2025? Wondering ...
Here are the income tax slabs, rates, and deductions announced by Finance Minister Nirmala Sitharaman in the Union Budget ...
For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower ...
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India Today on MSNNew income tax regime: Check revised tax rates, slabs, and will you benefit?Will the new tax regime put more money in your pocket, or should you stick with the old regime? Here is all you need to know.
The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...
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India Today on MSNOld vs New tax regime: Which one should you choose for income above Rs 12.75 lakh?What if you earn more than Rs 12.75 lakh? Should you pick the new tax regime for lower rates or stick to the old one for ...
Budget 2025 prioritised three key areas: reviving consumption amid a notable slowdown, keeping inflation in check through a ...
The new tax regime – the default – offers a basic exemption limit of Rs 3 lakh for all individuals, regardless of age. This ...
These slabs apply to individuals, Hindu Undivided Families (HUFs), and associations, and are updated periodically to reflect ...
From amendments and updates to the tax slabs — we explore what you can expect from the new income tax bill to be presented by ...
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