Tag: old tax regime
Posted in Economy
Big HRA boost on cards: Govt plans to expand 50% exemption to some metro cities
In a move that could bring significant tax relief to salaried employees living in major urban centres, the government has proposed expanding the list of…
Posted in Finance
Income tax payers wishlist for Budget 2025: More benefits in new tax regime, higher HRA, other reliefs in old tax regime
It is the Budget season again! It is a pivotal time for businesses and individuals who anticipate changes in policies, income tax and spending. For…
Posted in Finance
Will Budget 2025 merge old and new tax regimes to simplify income tax slabs, structure?
India’s existing tax system for individual taxpayers offers two personal tax regimes – the old tax regime and the new tax regime. The new tax…