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 ...

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

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

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

The new tax regime was first introduced in Union Budget 2020-21 by inserting a new section, 115BAC, in the Income Tax Act for ...

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

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

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

Switching between the Old Regime and the New Regime is possible for individuals, allowing their annual tax regime to ...

The National Pension System (NPS) carries a tax-exempt status, which is classified under the EEE (Exempt-Exempt-Exempt) ...