With the Budget 2025 deadline nearing, the buzz is that the old income tax regime may be scrapped. Analysts point to the ...

Former Finance Secretary Subhash Garg advocates raising income tax exemption limit to Rs 5 lakh in Budget 2025 to ease taxpayer burden.

Standard deduction is a flat deduction available on the salary income that helps reduce the taxable income of a t ...

In 2020, the finance minister unveiled the new tax regime, which offered taxpayers the option to pay lower tax but forego ...

With the rising cost of living and inflationary pressures, taxpayers, especially the salaried class, are expecting increased ...

The new tax regime was first introduced in Union Budget 2020-21 by inserting a new section, 115BAC, in the Income Tax Act for ...

The reforms in Budget 2025 could make an annual income of up to ₹10 lakh tax-free, up from ₹7.75 lakh in NTR. This could be ...

Will Budget 2025 merge India's income tax regimes? Former finance secretary Subhash Garg advocates for a unified system to ...

The Budget comes at a time of subdued economic momentum, a weakening rupee, and ongoing geopolitical uncertainties ...

Finance Minister Nirmala Sitharaman faces significant challenges in Budget 2025 amidst uncertainties of Trump's policies and ...