Although these investments are not tax free any more, returns earned by investing in them are still exempt from income tax ...

The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...

The Income Tax Department has introduced an online calculator for taxpayers to compare their potential savings under the newly default New Tax Regime, effective April 2025. The initiative aims to ...

This tool allows individuals to compare their tax liability under both the old and new tax regimes by entering their income ...

The legislation it refers to made various changes to the Internal Revenue Code that made it significantly easier for the IRS ...

With Budget 2025 raising break-even limits, tax savings under the old regime seem tougher. But for salaried couples in ...

Tax experts suggest that individuals can achieve zero tax liability on an income of Rs 14.77 lakh through strategic planning.

If you file your ITR under New Tax Regime, there will not be any tax payable, as it will be covered under Tax Rebate (u/s ...

Will the new tax regime put more money in your pocket, or should you stick with the old regime? Here is all you need to know.

In the Budget 2025, Finance Minister Nirmala Sitharaman increased the income tax rebate limit from Rs 7 lakh to Rs 12 lakh in the New Tax Regime. Effectively, individuals earning up to Rs 12 lakh will ...

Save more tax in old tax regime by claiming up to Rs 8.5 lakh tax deductions for a salary income up to Rs 25 lakh. Moreover, ...

FM Nirmala Sitharaman announced major income tax relief, with no tax payable on income up to Rs 12 lakh. New tax regime to be ...