Finance Minister Nirmala Sitharaman proposed new income tax slabs under the new tax regime, which went into effect on April 1 ...
Starting April 1, 2025, individuals opting for the new income tax regime won't pay taxes on taxable income up to Rs 1 ...
The new income tax slabs are applicable from April 1, 2025. Further, there is no income tax on incomes up to Rs 12 lakh. Few ...
April is the month when your employer asks you to choose between the old and new tax regime for TDS on salary for FY 2025-26.
With the new regime, the threshold of income above which income is exempt from taxation remains at Rs 3 lakh, but the slabs ...
The new, minimal-exemptions tax regime is set to be the favoured choice of most taxpayers in 2025-26, thanks to the raft of ...
Income-tax Bill, 2025, aims to replace the existing Income-tax Act, 1961, effective from April 1, 2026, whereas the Finance Act, 2025, applies from April 1, 2025, for the assessment year 2025-26. The ...
Income tax filers claiming House Rent Allowance (HRA) exemptions must ensure compliance with Tax Deducted at Source (TDS) ...