The Budget aims to provide significant benefits to taxpayers, particularly the middle class, by reducing the tax burden and leaving more disposable income in their hands. The Union Budget 2025-26 ...

Income Tax Slabs 2025 LIVE Updates: Tax reforms show empathy of govt ... has introduced a series of thoughtful tax relief measures aimed at easing the financial burden on senior citizens. One of the ...

Under the new slabs, taxpayers with Rs 12 lakh annual income will get a benefit of Rs 80,000 and those earning Rs 18 lakh will get a benefit of Rs 70,000, Ms Sitharaman told the parliament.

The most significant takeaway from this budget is that taxpayers earning up to Rs 12 lakh will effectively pay zero tax, but do the latest slabs mention tax on income below Rs 12 lakh? It is important ...

In a significant move to ease the tax burden on the middle class, Finance Minister Nirmala Sitharaman, in her Union Budget 2025 presentation, unveiled a major overhaul of the new tax regime, ...

This new structure aims to reduce the tax burden, especially for middle-income groups, and incentivize compliance by lowering the rates for the initial tax brackets. The first Rs 4 lakh of income will ...

The new tax slabs under the New Tax Regime are: "The middle class provide strengths to the economy. In recognition of their contribution, we have periodically reduced the tax burdens. I am now ...

The 2025 NFL Draft will begin on April 24, and to prepare for that, we need Bucs fans to be fully prepared in every way. Of course, we will cover players the Bucs will need, but it is important to go ...

She said all this will "substantially reduce the tax burden on the middle class," which had been hoping for a possible reduction in income tax rates and a hike in the standard deduction.

New tax regime eases burden on middle class ... The government has also restructured the tax slabs to benefit a wider range of taxpayers. Under the revised tax rate structure in the new regime ...