With the start of the new financial year, many income tax changes will take effect; understanding the latest income tax slabs ...

income tax benefit under new tax regime For the tax brackets of Rs 20,00,001-24,00,000 and above Rs 24,00,001, the entries are NA as no taxable income remained after the fifth bracket. Had there ...

The new tax regime is now the default option. If you wish to continue with the old tax regime, you must inform your employer.

The revisions introduced under the new tax regime is aimed to make the new regime easier, cut down on paperwork, and minimise ...

You should opt for the old tax regime if you want to claim deductions and exemptions for house rent allowance.

Mukesh Ambani’s drivers salary is so high that they need to pay income tax and that too in the upper tax slab bracket.

Old tax regime, however, still offers taxpayers a range of options to save taxes through various eligible deductions and ...

Under the new tax regime, individuals with annual income up to Rs 7 lakh can avail a rebate under Section 87A, meaning they ...

As the financial year 2025-26 begins, taxpayers must choose between the two income tax regimes when they file their income ...

With the RBI hinting at further rate cuts, the allure of locking in tax-efficient, fixed-income returns has never been stronger.