New tax regime tax calculator: Income Tax dept launches tax calculator to help taxpayers calculate their tax savings
The Income Tax Department has introduced an online calculator for taxpayers to compare their potential savings under the newly default New Tax Regime, effective April 2025. The initiative aims to ...
Income Tax Slab For [FY 2025-26]
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 ...
How Much Tax Will You Have To Pay? Calculate Your Income Tax Under The New Tax Regime
The Union Budget 2025 introduces significant changes to India's income tax structure, offering substantial relief to salaried ...
DNA India13d
Budget Highlights | New Income Tax Slabs 2025: Big relief for middle class, no income tax on income up to Rs 12 lakh
New Income Tax Slabs Budget 2025-26 LIVE ... Currently, taxpayers can choose between two systems: the Old Tax Regime (OTR) and the New Tax Regime (NTR). The new regime has lower tax rates and a ...
DNA India13d
Union Budget 2025 HIGHLIGHTS: No income tax till Rs 12 Lakh income under New Tax Regime
the Finance Minister expressed confidence in India's strong economic foundation. (With inputs from ANI) Budget 2025 LIVE Updates: Welcome to our Live Blog Union Budget 2025 LIVE Updates: Zero Income ...
India.com13d
Budget 2025 Highlights | New Income Tax 2025-26: BUMPER Tax Booster For Salaried, Middle Class; No Income Tax For Income Up To Rs 12 Lakh
FM said that nil tax slab will apply for annual income up to Rs 12 lakh (Rs 12.75 lakh for salaried tax payers with standard deduction of Rs 75,000) under new tax regime. Trending Photos New Delhi: ...
India Today13d
Budget 2025: 3 big changes you can expect in new tax regime today
New income tax regime: Experts across various sectors are optimistic that the Finance Minister will introduce major measures in the new tax regime to ease the burden on the middle class. Listen to ...
moneycontrol.com13d
Income tax expectations: Will Budget 2025 raise the basic exemption limit, standard deduction under the new regime?
It is a matter of great pride that India completed 75 years as a democratic ... increasing the basic exemption limit under the new tax regime from Rs 3 lakh to Rs 10 lakh. Speculations are also ...
India TV14d
Budget 2025: I-T exemption threshold remains unchanged for 10 years - Will FM raise it this time?
Image Source : PIXABAY The new tax regime exempts income up to Rs 3 lakh. Budget 2025: As Finance Minister Nirmala Sitharaman prepares to present Union Budget 2025 on February 1, salaried people ...
Tax Guru14d
Form 10-IE Filed, But Old Regime Return filed: ITAT Pune Rejects New Tax Regime Enforcement
The assessee, a cloth manufacturer, initially opted for the new tax regime under section 115BAC and filed Form 10-IE. However, after realizing that the old regime would be more beneficial, the ...
Indiatimes14d
Budget 2025 new vs old income tax regime: Will FM Sitharaman do away with the old regime soon? Experts weigh in
However, they are divided on how soon. Budget 2025 income tax expectations: The new income tax regime was introduced as an optional tax regime from FY 2020-21. Budget 2025 income tax expectations ...
Business Today14d
Will the 30% tax slab be removed for taxpayers in India in Budget 2025? What changes can New Tax Regime see
Amid ongoing government promotion of a new tax regime, much speculation surrounds the potential revisions to the income tax structure ... up approximately 60% of India's GDP, any measure that ...