New vs old tax regime: The tax slabs and rates are different in the old and new tax regimes. Various deductions and exemptions are allowed in the Old tax regime. The new regime offers lower rates of ...
The Union Budget has clarified several aspects related to the rate of income tax through detailed FAQs issued by the government. The official document explains how income tax rates work under the new ...
Finance Minister Nirmala Sitharaman will present the Union Budget 2026 on February 1, and taxpayers are watching closely as the government may gradually phase out the old income tax regime in favor of ...