You can use income tax calculator to compute income tax under both the regimes i.e., new tax regime and old tax regime, ...

Since its introduction, the government has actively promoted the new tax regime, citing its reduced compliance burden for ...

Most personal tax experts are of the view that the government will phase out the old income tax regime in the com ...

While it is well known that new income tax regime is simplified tax regime without tax exemptions and deductions ...

In 2020, the finance minister unveiled the new tax regime, which offered taxpayers the option to pay lower tax but forego ...

The new tax regime is now the default for taxpayers in FY 2023, allowing lower tax slabs but eliminating old deductions.

In the Union Budget 2025, Finance Minister Nirmala Sitharaman is expected to adjust the personal income tax rules under the ...

With Finance Minister Nirmala Sitharaman set to present the Union Budget on February 1, rumours of a cut in income tax rates ...

SBI suggests switching all taxpayers to the New Tax Regime to boost compliance and income before Budget 2025. Discover more ...

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

Taxpayers are keenly awaiting possible reductions in tax rates and increased exemption limits, amid ongoing high inflation ...