Last Updated:February 20, 2025, 11:46 IST Income Tax Calculator: If you have a total cost-to-company (CTC) of Rs 14.65 lakh annually and you avail of provisions like NPS and EPF contributions, your tax liability will become nil. Here’s how: Income Tax Calculator. Income Tax Calculator: The government has exempted an annual income up to Rs
Last Updated:February 16, 2025, 14:17 IST The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 and FY 2025-26 (after budget proposal). Income Tax Calculator. Income Tax Calculator: Even as the new Income Tax Bill, 2025, has been introduced in Parliament, it seeks
Last Updated:February 03, 2025, 11:04 IST Budget 2025: Here are the income tax rates, standard deduction available, basic exemption limit, rebate and deductions under both the new and old tax regimes. Income Tax Slabs Union Budget 2025. The Union Budget 2025-26 has rejigged the new tax regime (NTR) in order to provide relief to the
Last Updated:February 01, 2025, 17:55 IST Income Tax Changes In Budget 2025: Individuals earning above Rs 12 lakh a year will save taxes by up to Rs 1,10,000 as per the latest slabs in Union Budget 2025-26. Overall, the government expects to forgo approximately Rs 1 lakh crore in direct tax revenue due to these
Last Updated:February 01, 2025, 21:01 IST Budget 2025: Check the updated income tax slabs, rates, and deductions announced in Union Budget 2025-26. Compare the new tax regime with the old to determine which benefits you the most. Income Tax: Know difference between new tax regime vs old tax regime after the Union Budget 2025-26. Latest
Last Updated:February 01, 2025, 18:40 IST The income up to Rs 12 lakh is tax free due to the rebate under Section 87A of the Income Tax Act, 1961. The revised income slabs will be applicable on those earning above Rs 12 lakh under the new tax regime. know how: Income Tax Changes In Budget
Income Tax Slabs, Budget 2025 LIVE Updates: Will Union finance minister Nirmala Sitharaman bring tax relief for the middle class today? Good morning, readers. As we watch the tabling of much-anticipated Budget 2025, all eyes are on major changes to the income tax slabs. Reports suggest that there could be a relaxation on income tax
Last Updated:January 13, 2025, 12:43 IST Know the top 5 income tax changes expected in Budget 2025, including revised tax slabs, a higher standard deduction, and an increase in the Section 80C limit. Budget 2025: In the upcoming budget, the government is likely to provide income tax relief. As Finance Minister Nirmala Sitharaman gears up
Last Updated:January 13, 2025, 07:01 IST Income Tax Slabs Old vs New Regime: The old tax regime allows taxpayers to claim various tax deductions and exemptions New Tax Regime vs Old Tax Regime Calculator: The choice between the two tax regimes depends on individual circumstances Old Tax Regime vs New Tax Regime: The Finance Act
Last Updated:January 03, 2025, 13:12 IST Income Tax, Union Budget 2025: Here’s the current income tax rates and slabs under both the New Tax Regime and the Old Tax Regime. Income Tax: In the upcoming Budget 2025, the government is likely to provide tax relief for those earning up to Rs 15 lakh annually. New