With a higher tax-free threshold and lower rates, the new tax regime looks more appealing, but does the old regime still hold any advantages? Listen to Story New tax regime now offers zero tax up to ...
The tax regime from the early misguided Nehruvian Socialism was built on high tax rates. This is why, till 2014, India’s tax-to-GDP ratio was among the lowest in the world. Arguments against tax ...
The regime’s ongoing attempts to reimpose draconian ... years to bolster Assad’s ability to survive his country’s civil war. That investment is now burned. It has fallen to Masoud Pezeshkian ...
The tax slabs under the new regime have been revised in Budget 2025. A salaried individual will pay zero tax for annual income up to Rs 4 lakh. In the Rs 4 lakh - to Rs 8 lakh bracket, 5 per cent ...
Currently, the new tax regime features slabs where income up to ₹3 lakh is tax-free, while earnings between ₹3 lakh and ₹7 lakh are taxed at 5%. The rates continue to increase, reaching 30% ...
In a major announcement, Finance Minister Nirmala Sitharaman has announced zero income tax for income up to Rs 12 lakh under the new tax regime. New regime tax slabs have been revised in Budget 2025, ...
The new tax regime offers zero tax up to ₹12 lakh, alongside simplified slabs that could save you up to ₹1 lakh in taxes. Shalini Jain, Tax Partner, EY, breaks down the key announcements, comparing ...
In the 2025 Budget, Finance Minister Nirmala Sitharaman introduced significant revisions to the income tax slabs under the new tax regime. These changes aim to ease the financial burden on ...
With Finance Minister Nirmala Sitharaman announcing big rebates for taxpayers in the middle-income group under the new tax regime, many were left wondering if the government plans to scrap the old ...
New Tax Regime vs Old Tax Regime Slabs and Rates: Finance Minister Nirmala Sitharaman has announced significant income tax relief for the middle class in the Union Budget 2025. Budget 2025 New Tax ...
As Finance Minister Nirmala Sitharaman presented the Union Budget 2025, speculation resurfaced about the potential phase-out of the old tax regime. Presenting the Budget, Sitharaman today said ...
The finance minister says: "I am now happy to announce that there will be no income tax payable up to income of Rs 12 lakh (i.e. average income of Rs 1 lakh per month other than special rate income ...