You can use income tax calculator to compute income tax under both the regimes i.e., new tax regime and old tax regime, ...

These slabs apply to individuals, Hindu Undivided Families (HUFs), and associations, and are updated periodically to reflect ...

Since its introduction, the government has actively promoted the new tax regime, citing its reduced compliance burden for ...

The new tax regime was first introduced in Union Budget 2020-21 by inserting a new section, 115BAC, in the Income Tax Act for ...

Switching between the Old Regime and the New Regime is possible for individuals, allowing their annual tax regime to ...

Taxpayers are keenly awaiting possible reductions in tax rates and increased exemption limits, amid ongoing high inflation ...

Most personal tax experts are of the view that the government will phase out the old income tax regime in the com ...

In 2020, the finance minister unveiled the new tax regime, which offered taxpayers the option to pay lower tax but forego ...

With the Budget 2025 deadline nearing, the buzz is that the old income tax regime may be scrapped. Analysts point to the ...

Budget 2024 ushered in sweeping changes in the new tax regime, rejigging income tax slabs and hiking the standard deduction ...

Experts have mentioned the need for the government to put more money in the hands of taxpayers to boost consumption, which ...

While it is well known that new income tax regime is simplified tax regime without tax exemptions and deductions ...