Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...

New tax slabs announced in Union Budget 2025, offering relief to middle class with tax-exemption up to ₹12 lakh.

The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...

Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...

The Budget 2025 introduces significant reforms in personal income tax, aimed at providing relief to middle-class taxpayers ...

The new income tax law, which will replace the six-decade-old Income Tax Act, is expected to be introduced in the Lok Sabha next week, according to Finance Minister Nirmala Sitharaman's statement on ...

Learn about the new and old tax regimes, including tax rates and surcharges applicable to various income levels.

Finance Minister Nirmala Sitharaman has announced changes to the income tax slabs in the new regime. As per the changes, ...

Finance Minister Nirmala Sitharaman said that slabs and rates are being changed across the board to benefit all tax-payers.

Summary: Effective from September 1, 2024, the Budget 2025 amendments introduce block assessment procedures for search cases under Sections 158B to 158BI of the Act. A block period now includes six ...

High-income households and profitable corporations would grow even wealthier under Republican proposals for trillions of ...