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

The CBDT Chairman also cited the new tax regime (NTR), where there are no deductions or exemptions allowed like the old ...

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

Union Finance Nirmala Sitharaman while presenting Union Budget 2025-26 said the government will introduce a New Income Tax ...

Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the ...

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

Experts suggest that 'Modi 3.0' may introduce measures to make the new income tax regime more appealing to taxpayers.

Employees earning up to Rs 13 lakh can now save income tax over and above the Rs 12 lakh income limit as there is a standard ...

Income tax on cryptocurrency transaction. After Budget 2025 there is no change in taxation of cryptocurrencies as they ...

According to experts, even if an additional 5% of people opt to buy new vehicles, it may bring a huge boost to sector. This ...

Additionally, Sitharaman introduced revisions to income tax slabs to make taxation more progressive. Individuals earning up ...

These amendments aim to eliminate ambiguity and ensure uniformity in calculating the limitation period for tax proceedings. Most of the changes will take effect from April 1, 2025, while some ...