Post the Budget, we received many queries from our print and online subscribers on income-tax proposals in the budget. Here, ...

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Finance Minister Nirmala Sitharaman has announced important changes for the salaried class in Budget 2025. Under the new tax ...

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 ...

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 ...

The new tax regime offers zero tax up to ₹12 lakh, alongside simplified slabs that could save you up to ₹1 lakh in taxes. Shalini Jain, Tax Partner, EY, breaks down the key announcements, comparing ...

New Delhi: Union Finance Minister, Nirmala Sitharaman's eighth consecutive Budget is the relief for middle-class salaried taxpayers, though the revised tax slabs have left many confused about the ...

The new tax regime offers zero tax up to ₹12 lakh, alongside simplified slabs that could save you up to ₹1 lakh in taxes. Shalini Jain, Tax Partner, EY, breaks down the key announcements, comparing ...

The new tax regime ... For higher income brackets, the tax rates are 15% for income between Rs 12 lakh and Rs 16 lakh, 20% for Rs 16 lakh to Rs 20 lakh, and 25% for income between Rs 20 lakh and Rs 24 ...

She also said the new income tax law will have to go through the ... regime the default and taxpayers must specifically choose the old regime if they want to be taxed under it.