The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...
With Finance Minister Nirmala Sitharaman announcing big rebates for taxpayers in the middle-income group under the new tax ...
New Income Tax Slabs: Union finance minister Nirmala Sitharaman on Saturday ... The new tax regime, which was brought in the year 2020, offers slightly lower rates but doesn't allow for exemptions.
With a focus on the middle class and easing compliance, Union Finance Minister Nirmala Sitharaman proposed in Budget 2025-26 ...
There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.
The new income tax regime was introduced as an optional tax regime FY 2020-21 onwards. Under the new income ... beneficial income tax slabs and no headache of compliance burden related to ...
India's economic growth is expected to slow to a four-year low this fiscal year due to weak demand, particularly in urban ...