Decoding the New Tax Regime: What the ₹75,000 Standard Deduction Means for You

Decoding the New Tax Regime: What the ₹75,000 Standard Deduction Means for You

Major Tax Changes for Salaried Employees: What You Need to Know The government has introduced significant changes to India’s income tax structure, bringing clarity to deductions and tax slabs. Here’s a breakdown of the key updates affecting salaried individuals, as confirmed by the Finance Minister and now part of the new legislation. Standard Deduction Increased … Read more

FM Nirmala Sitharaman Extends NPS Tax Benefits to Unified Pension Scheme

FM Nirmala Sitharaman Extends NPS Tax Benefits to Unified Pension Scheme

In a significant move for Indian taxpayers, Finance Minister Nirmala Sitharaman has introduced the Taxation Laws (Amendment) Bill, 2025, aimed at providing crucial tax relief for subscribers of the newly launched Unified Pension Scheme (UPS). The bill, presented in the Lok Sabha on Monday, August 11, 2025, extends the same tax exemptions and deductions available … Read more