Search For "old tax regime"
Govt unlikely to announce major direct tax changes in Budget 2026: Deloitt
Updated : 4 months, 3 weeks ago IST
"I feel the big ticket direct tax reform has already happened, which is in the form of the new Income Tax Act that we have now," Hemkar told ANI in an exclusive interview.
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New tax regime offers a clear and straightforward calculation of tax liabi
Updated : 1 year, 10 months ago IST
An increasing number of taxpayers have opted for the New Tax Regime this year. Out of the total ITRs of 7.28 crore filed for AY 2024-25, 5.27 crore have been filed in the New Tax Regime compared to 2.01 crore ITRs filed in the Old Tax Regime.
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51 lakh, or 7.5% more Indians filed income tax returns this year; 72% of t
Updated : 1 year, 10 months ago IST
The total number of ITRs for assessment year 2024-25 filed till July 31, 2024 is more than 7.28 crore, which is 7.5 per cent more than the total ITRs for assessement 2023-24 (6.77 crore) filed, a Ministry of Finance release stated on Friday. Out of the total ITRs of 7.28 crore filed, 5.27
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Budget has given new incentives to taxpayers for filing tax returns under
Updated : 1 year, 10 months ago IST
Under the proposed provisions, if a salaried or a retired taxpayer chooses the new tax regime, he will now get a standard deduction of Rs 75,000 instead of Rs 50,000, which was applicable till last year, on his/her salary or pension income. But for those who opt for the old tax regime the st
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New tax regime will leave higher disposable income, says Sitharaman in Lok
Updated : 3 years, 3 months ago IST
Union Finance Minister Nirmala Sitharaman on Friday said the new tax regime will leave higher disposable income in the hands of people.
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