While the old tax regime, with its deductions and exemptions, has been a longstanding feature, the government's push for the ...

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

The government has been talking about simplifying the tax structure to make it easier for taxpayers. Eliminating the 30% tax ...

A number of key reforms have been introduced in the past five years. In 2020, for instance, new tax regime was introduced for ...

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

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

Budget 2024 ushered in sweeping changes in the new tax regime, rejigging income tax slabs and hiking the standard deduction ...

Experts advocate that FM Sitharaman should introduce changes in the income tax slabs under the new tax regime in Budget 2025.

With the Budget 2025 deadline nearing, the buzz is that the old income tax regime may be scrapped. Analysts point to the ...

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