The Union Budget 2025 has introduced a new rebate for incomes up to ₹12 lakh, but it’s not a one-size-fits-all benefit.

Ravi Agrawal, in a post-Budget interview, pointed out that the income tax payment provisions announced in Budget 2025 not only benefit those who earn Rs 12 lakh per annum, but across all income ...

Under the proposed Union Budget 2025, a ₹60,000 rebate applies to incomes up to ₹12 lakh, enhancing the attractiveness of the ...

While a majority of the middle class is said to benefit out of the new tax regime, it takes away all the exemptions on ...

Updated - February 02, 2025 at 07:44 PM. Subscribe now and get well-researched and unbiased insights on the Stock market, ...

The government has also raised the TCS exemption limit on Liberalised Remittance Scheme (LRS) transactions from Rs 7 lakh to ...

Finance Minister Nirmala Sitharaman has proposed to add more sugar to the New Tax Regime. As per the tax rates proposed by the Union Budget 2025, there would not be any tax on income up to Rs 12 lakh ...

The Union Budget reflects the government’s consistent focus over the past few years, with no major surprises in its fiscal ...

Though there is a standard deduction of Rs 75,000 under new tax regime, there are no deductions available for investments ...

Check the updated income tax slabs, rates, and deductions announced in Union Budget 2025-26. Compare the new tax regime with ...

The Union Budget 2025 brings substantial tax relief to individuals earning up to ₹12 lakh, making them effectively tax-free. The revised tax slabs, enhanced Section 87A rebate, and marginal relief ...