The tax slabs under the new regime have been revised in Budget 2025. A salaried individual will pay zero tax for annual income up to Rs 4 lakh. In the Rs 4 lakh - to Rs 8 lakh bracket, 5 per cent ...
Currently, the new tax regime features slabs where income up to ₹3 lakh is tax-free, while earnings between ₹3 lakh and ₹7 lakh are taxed at 5%. The rates continue to increase, reaching 30% ...
In a major announcement, Finance Minister Nirmala Sitharaman has announced zero income tax for income up to Rs 12 lakh under the new tax regime. New regime tax slabs have been revised in Budget 2025, ...
The new tax regime offers zero tax up to ₹12 lakh, alongside simplified slabs that could save you up to ₹1 lakh in taxes. Shalini Jain, Tax Partner, EY, breaks down the key announcements, comparing ...
With Finance Minister Nirmala Sitharaman announcing big rebates for taxpayers in the middle-income group under the new tax regime, many were left wondering if the government plans to scrap the old ...
New Tax Regime vs Old Tax Regime Slabs and Rates: Finance Minister Nirmala Sitharaman has announced significant income tax relief for the middle class in the Union Budget 2025. Budget 2025 New Tax ...
As Finance Minister Nirmala Sitharaman presented the Union Budget 2025, speculation resurfaced about the potential phase-out of the old tax regime. Presenting the Budget, Sitharaman today said ...
The finance minister says: "I am now happy to announce that there will be no income tax payable up to income of Rs 12 lakh (i.e. average income of Rs 1 lakh per month other than special rate income ...
Capital gains income however falls under the taxable income. Check the latest slabs of income tax and rates under the new tax regime for those earning above Rs 12 lakh. The adjustment in income ...
Budget 2025: In a significant move aimed at easing the tax burden, Finance Minister Nirmala Sitharaman announced crucial changes to income tax slabs in Budget 2025. The nil tax slab has been raised ...
New income tax regime: Experts across various sectors are optimistic that the Finance Minister will introduce major measures in the new tax regime to ease the burden on the middle class. Listen to ...
Important to embrace diversity and to trust genius of faculty and students: Survey NEW DELHI: The latest Economic Survey has red-flagged the University Grants Commission's (UGC) restrictive regime ...
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