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

These slabs apply to individuals, Hindu Undivided Families (HUFs), and associations, and are updated periodically to reflect ...

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 ...

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

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

Stocks that could benefit from announcements include Hindustan Unilever, Maruti Suzuki India and Godrej Consumer Products, as ...

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 ...

In this write-up, we will analyze which tax regime — old or new — is more advantageous for individuals with an annual income of up to ₹15 lakh. For this comparison, we will assume the taxpayer is ...

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