Experts suggest that 'Modi 3.0' may introduce measures to make the new income tax regime more appealing to taxpayers.

All income tax slabs and rate changes have been announced under the new income tax regime - and the biggest takeaway is that ...

During Budget 2025, Union Finance Minister Nirmala Sitharaman announced new tax rates, offering relief to the salaried taxpayers. With a higher tax rebate of upto ₹60,000 against ₹25,000 earlier and a ...

There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.

Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the ...

Currently, under the new system introduced in 2020, annual income of up to ₹ 15 lakh attracts a tax rate of between 5% and 20%, while income of more than ₹ 15 lakh is taxed at 30%. * Under the new tax ...

How to calculate your income tax accurately by including all sources of income such as salary, rental income, capital gains, and business earnings.

As India prepares for the budget speech of Hon’ble Finance Minister Nirmala Sitharaman focus will be on three important points. Firstly it will be on the possible changes on the income tax slabs if ...

The revised tax framework introduces a higher tax exemption limit of Rs 12.75 lakh and a newly structured 25% tax slab, aligning with earlier expectations.

The FM also informed that taxpayers with income up to Rs 12 lakh will not have to pay any tax. However, this rebate is only applicable on basic income, excluding special income such as capital gains.

The government’s latest tax overhaul of income tax slabs in Budget 2025 is aimed at introducing a more streamlined tax system, providing relief to the harried middle-class salaried taxpayer. But does ...

The budget reveals the government's inability to address major challenges like unemployment, stagnant wages, and declining ...