NPS deduction

CBDT tax calculator: If your annual salary is Rs 15 lakh, which tax regime should you opt for – new tax or old tax? 

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CBDT tax calculator: If your annual salary is Rs 15 lakh, which tax regime should you opt for – new tax or old tax? 

Tax calculator 2025: The Income Tax Department has introduced a user-friendly tool for taxpayers to compare taxes under the New Tax Regime for the financial years 2024-25 and 2025-26 (post budget proposal). This tool allows individuals to determine which tax regime is more advantageous based on their income and deductions. Access the official Income Tax … Read more

Budget 2025: How can FM Nirmala Sitharaman soothe middle-class taxpayers this time?

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Budget 2025: How can FM Nirmala Sitharaman soothe middle-class taxpayers this time?

Budget expectations: On February 1, 2025, Union Budget will be presented by Finance Minister Nirmala Sitharaman at the Lok Sabha. Income taxpayers are expecting significant tax breaks. The taxpayers may expect some big changes as PM Narendra Modi and President Draupadi Murmu hinted at some major shakeup.  Ahead of the Budget 2025, President Draupadi Murmu suggested … Read more