new income tax, Nirmala Sitharaman

Learn about the new and old tax regimes, including tax rates and surcharges applicable to various income levels.
FM Sitharaman donned a Madhubani silk saree as she presented her eighth budget, highlighting Bihar projects. The opposition ...
New tax slabs announced in Union Budget 2025, offering relief to middle class with tax-exemption up to ₹12 lakh.
Summary: The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, focused on reforms in taxation, agriculture, MSMEs, and exports. Direct tax proposals included no tax on incomes up to ...
Employees earning up to Rs 13 lakh can now save income tax over and above the Rs 12 lakh income limit as there is a standard ...
The new tax regime is the default tax regime. The highest tax rate of 30% is applicable from net taxable income above Rs 15 lakh. However, the new tax regime offers limited deductions to the taxpayer.
The Finance Bill 2025 introduces changes to the personal income tax regime with a focus on providing relief to the middle class. The New Regime offers concessional tax rates with no deductions (except ...
Nirmala Sitharaman gave the middle class a huge boost when she declared that anyone earning up to Rs 12 lakh would not be ...
Indian stock market indices, Sensex and Nifty 50, traded lower amid volatility today, 1 February 2025, after the Union Budget ...