There is no tax on income of Rs 12 lakh or less, and salaried taxpayers can get tax exemption of up to Rs 12.75 lakh because ...

April is the month when your employer asks you to choose between the old and new tax regime for TDS on salary for FY 2025-26.

Both the old and new tax regimes have advantages and disadvantages, but the New Personal Tax Regime is the best option for taxpayers making up to Rs. 12 lakhs per year since it provides a full refund ...

During the fiscal year 2025-26, commencing from April 1, 2025, the New Tax Regime will introduce revised income tax brackets.

The Union Budget 2025 has introduced some major changes to India’s income tax structure. If you’re a salaried employee or ...

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

The income tax calculator helps you calculate tax under both the old and new tax regime for all categories of taxpayers ...

April is the month when employees have to submit the details of their intended tax-saving investments during the year to ...

Indian taxpayers have the option to switch between the new and old income tax regimes annually, following the changes ...

There is a marginal relief of up to Rs 22,222 under the new regime until the net taxable income reaches Rs 7,22,222. Marginal relief ensures that the excess tax liability is limited to the excess ...

A number of changes pertaining to income tax slabs under the new tax regime go into effect on April 1, 2025 (FY26), as ...