This means if you want to avail any of these exemptions, you must opt specifically for the old tax regime. Here, we list some ...

As Budget 2025 approaches, whispers of scrapping the old income tax regime have grown louder. Has the old regime lost its ...

While the old regime allows for various exemptions and deductions, the new regime offers reduced tax rates with limitations ...

Finance Minister Sitharaman revamped the income tax slabs in Budget 2024, enabling savings of up to ₹17,500. The standard ...

India's Budget 2025 may potentially abolish the old tax regime. The new tax regime, default since 2020-21, offers simplified, ...

Salaried employees opting for the old tax regime for FY 2024-25 must submit investment proofs to claim exemptions and ...

One should note that there have been no modifications to the income tax rules, slabs, and rates in the Old Tax Regime.

Budget 2025 is likely to prioritise fiscal discipline, minor tax tweaks, and cautious consumption boosts over bold reforms.

The opposition Congress on Thursday called India's GST the world's worst such regime, accusing the government of being ...

A unified tax structure that converges elements of the Old and New Tax Regimes can simplify compliance while retaining taxpayer benefits. The following rationalized tax slab structure combines the ...

A Federal High Court in Abuja on Thursday, ordered the Minister of Interior, Dr Olubunmi Tunji-Ojo, and the Attorney-General ...

Experts anticipate measures to reduce tax rates, revise slabs, and simplify the overall tax regime. These changes could ...