Explains how the new tax regime under Section 115BAC impacts higher-income salaried taxpayers, analysing the 25% slab, loss ...
FM Nirmala Sitharama announced that the new Income Tax Act, notified in July 2025, will take effect from April 1, 2026 ...
As the Finance Minister readies Budget 2026, salaried taxpayers remain split on whether lower rates can truly replace ...
The New Tax Regime restricts Section 24(b) benefits, disallowing set-off of home loan interest against salary income. Taxpayers must compare regimes carefully before ...
Salaried employees stand to gain significantly from proposed tax rule changes. Under draft Income Tax Rules, 2026, the annual tax exemption for meal vouchers like Pluxee or Sodexo could rise to Rs ...
The old tax regime refers to the system of income tax calculation and slabs that existed before the introduction of the new ...
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