Finance Minister Nirmala Sitharaman announced a new tax regime exempting taxpayers with salaries below Rs 12 lakh from paying ...

Income Tax Calculator: During Budget 2025, Union Finance Minister Nirmala Sitharaman announced new tax rates, offering relief to the salaried taxpayers. With a higher tax rebate of upto ₹ 60,000 ...

How to calculate your income tax accurately by including all sources of income such as salary, rental income, capital gains, ...

Under the new regime, the tax liability for individuals earning Rs 12 lakh or Rs 12.75 lakh (for salaried persons) is Rs ...

A major change introduced in the Finance Bill 2025 is restructuring the New Income Tax regime to provide more take home to salaried employees and encourage them to spend or invest further. The change ...

You can use Indian Express ’s income tax calculator to calculate your tax for financial year 2025-26. Select Financial Year: ...

Check out our ready reckoner for various income levels above ₹12 lakh and the amount of tax that you'd save by moving into ...

Likewise, an income of ₹9 lakh is taxed at 10 percent in the new tax regime unlike 20 percent in the old tax regime. Check the table below for the entire tax slab. It is recommended to use the ...

For individuals earning Rs 15 lakh annually, opting for the old tax regime can result in tax savings of up to Rs 48,100, ...

The Income Tax Calculator is a simple-to-use tool that is designed for all registered as well as unregistered e-filing users. It enables the users to calculate taxes according to the provisions of the ...

There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.

The government introduced a new tax regime of lower tax rates in Budget 2020, which continues in FY 2025-26. In Budget 2025, the government pushed for the adoption of the new tax regime of lower tax ...