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 ...

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

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 ...

Not all tax-saving allowances are created equal. Some more than others can provide substantial tax benefits, significantly ...

Sound financial planning is undeniable for a secure and stress-free future. Along with savings and investments, you need to ...

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

As the new assessment year 2025-26 gets underway, people across the country especially salaried taxpayers are preparing to ...

The older tax regime offers considerable flexibility for taxpayers by enabling them to leverage available claims of ...

A new tax regime based on residence has replaced the remittance foundation of taxes in the UK due to the concept of domicile ...

Salaried individuals can switch between old and new tax regimes every year, while business owners have limited flexibility.

A basic understanding of income tax slabs and how they change with every Union Budget can help you plan your finances better.