The income tax system in India operates through a progressive slab structure. The amount of tax an individual pays is ...

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

Budget 2025: udget 2025 is expected to address taxpayers' concerns over the dual tax regime system, with experts advocating ...

The new tax regime offers lower tax rates and simplifies the tax process. But it does not provide the same range of ...

It is recommended to use the income tax calculator that computes the tax under both the regimes (old and new) before you can choose the one that leads to a lower tax outgo ...

Many tax experts expect changes in the income tax slabs under the new tax regime in Budget 2025. This is because the ...

A tax rebate is available on income up to Rs 7 lakh under the new tax regime and up to Rs 5 lakh under the old regime ...

The government embarked on a comprehensive review of the Income Tax Act, 1961, intending to simplify and modernise the tax ...

In Budget 2025, Finance Minister Nirmala Sitharaman is expected to retain the dual tax system, offering taxpayers the choice ...

The Centre may abolish exemptions under the old tax regime in Budget 2025, focusing on economic recovery and tax compliance.