Most personal tax experts are of the view that the government will phase out the old income tax regime in the com ...
SBI suggests switching all taxpayers to the New Tax Regime to boost compliance and income before Budget 2025. Discover more ...
While it is well known that new income tax regime is simplified tax regime without tax exemptions and deductions ...
The new tax regime is now the default for taxpayers in FY 2023, allowing lower tax slabs but eliminating old deductions.
With Finance Minister Nirmala Sitharaman set to present the Union Budget on February 1, rumours of a cut in income tax rates ...
Budget 2024 ushered in sweeping changes in the new tax regime, rejigging income tax slabs and hiking the standard deduction ...
Income Tax Expectations Latest News Today (January 28): Tax experts widely anticipate revisions to the income tax slabs under ...
It is recommended to use the income tax calculator that computes the tax under both the regimes (old and new) before you can choose the one that leads to a lower tax outgo ...
Expressing concerns over muted demand in the economy, companies have called for a review of the direct tax structure ...
Many tax experts expect changes in the income tax slabs under the new tax regime in Budget 2025. This is because the ...
Under the old tax regime a standard deduction of Rs 50,000 is available for the salaried class, on the other hand, under the ...