The government’s latest tax overhaul of income tax slabs in Budget 2025 is aimed at introducing a more streamlined tax system ...
In the Union Budget 2025, Finance Minister Nirmala Sitharaman is expected to adjust the personal income tax rules under the ...
The Union Budget 2025-26 has delivered the largest tax exemption hike in two decades, allowing individuals earning up to Rs 12 lakh annually to pay zero income tax under the new regime. This move aims ...
Under the New Tax Regime, both individuals receiving a salary and pensioners can now benefit from a standard deduction of Rs ...
An alternative tax regime was introduced by the Union Budget 2020 (“New Tax Regime”). Since then, India has two taxation regimes for individuals. The Government intends to make ‘New Tax Regime’ more ...
Union Finance Minister Nirmala Sitharaman has proposed new income tax slabs with income up to Rs 12 lakh a year being tax ...
NO INCOME TAX ON ANNUAL INCOME UPTO Rs. 12 LAKH UNDER NEW TAX REGIME Limit to be Rs. 12.75 lakh for salaried taxpayers, with ...
The new tax structure announced in the Union Budget 2025-26 is expected to benefit around 5.65 crore taxpayers who fall under ...
Highlights: Finance Secretary says 75% taxpayers have moved to the new Income Tax regime. "We expect all taxpayers to move to ...
Finance Minister Nirmala Sitharaman announced the new tax slabs under the new tax regime, thus offering tax saving for taxpayers. There will no income tax for salaried taxpayers earning upto ₹12.75 ...
Finance Minister Nirmala Sitharaman announced an increase in the basic income tax exemption limit from Rs 3 lakh to Rs 4 lakh ...
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...