New Income Tax Slabs FY 2025-26: Starting April 1, 2025, individuals opting for the new income tax regime won't pay taxes on taxable income up to Rs 12 lakh.

Changes introduced in the Union Budget 2024-25 indicate the Government's commitment to simplify the tax system, enhance compliance and promote financial stability towards the goal of Viksit Bharat.

Paying income tax is a legal responsibility for every earning individual in India. However, what part of your income will go ...

The Income Tax Calculator is an easy-to-use online tool that helps you calculate your tax liabilities based on your income details. This tax calculator allows you to compare tax liability for FY ...

Taxpayers now have until September 15, 2025, to file their ITR for FY 2024-25, following a 45-day extension. Here are the tax ...

The term "slab" refers to a progressive tax system where those earning lower incomes are taxed at a lower rate, while higher income earners fall under a higher tax rate. In India, the government ...

From Budget 2025's new Rs 12 lakh tax-free slab to August's ITR deadline extension, here are the 10 major income tax rule ...

ITR Filing FY 2024-2025: The Section 87A rebate varies under the new and old income tax regime. Under the old tax regime, a ...

The Income Tax Bill, 2025 could be the most significant tax reform since India’s independence, impacting individual taxpayers ...

CAs highlight no income tax rebate under Section 87A despite income below Rs 7 Lakh under new tax regime in this situation ...

Here’s a detailed guide to calculate income tax on salary and provisions for taxpayers to claim deductions and benefits from their taxable income or salary.

Pay 0 Tax on Rs 18.50 Lakh Income: The new tax regime for the financial year (FY 25-26) provides an opportunity for a salaried-class individual to pay 0 tax on up to Rs 12,75,000 income. But you may ...