Union Budget 2025: New vs Old Tax regime — how tax savings will differ with new tax brackets

Union Budget 2025: New vs Old Tax regime — how tax savings will differ with new tax brackets

Union Budget 2025: In the Union Budget 2025, Finance Minister Nirmala Sitharaman revealed an increase in the basic tax exemption limit in the new tax regime. The limit has been raised from Rs 3 lakh to Rs 4 lakh, providing a significant benefit to a large portion of salaried taxpayers. With no income tax burden … Read more

Union Budget 2024: Will NDA govt boost take-home salary? Some experts feel it might not

Union Budget 2024: Will NDA govt boost take-home salary? Some experts feel it might not

Budget 2024: There have been speculations ahead of the Union Budget 2024 that there could be potential modifications to the income tax slabs. These anticipated adjustments are predicted to be advantageous for individual taxpayers, leading to a higher disposable income. Any additional tax exemptions introduced in the upcoming budget could promptly benefit employees. Individuals receiving … Read more