Those earning between Rs 12 lakh and Rs 24 lakh (or Rs 24.75 lakh for salaried individuals) will pay 25-31% less tax.

The Budget 2025 brings major tax relief for the middle class, making the new tax regime more attractive. From higher exemptions to simplified compliance, the reforms aim to boost savings, investment, ...

This February, several financial changes are set to take effect, including the announcement of the Union Budget 2025, new ...

Fiscal consolidation glide path is maintained with the Union Budget and tax cuts should spur discretionary consumption ...

Individuals earning up to Rs 12,00,000 per annum exempted from income tax; salaried taxpayers get additional Rs 75,000 ...

Finance Minister Nirmala Sitharaman raised the nil income tax slab to ₹12 lakh for salaried individuals. This entails a tax ...

Not all your incomes qualify for the rebate benefit under Section 87A. Income from capital gains, lotteries, and other ...

The entrepreneur said that the Indian middle class has always been ‘a punching bag’, with the taxpayers ‘taxed at every turn, ...

Business & Economy, The one major announcement on everybody's mind was the increase in the nil tax slab from ₹7 lakhs to ₹12 ...

Taxpayers should note the revised tax slabs and rates announced in Budget 2025-26 will only be applicable for the Financial ...

Finance Secretary Tuhin Kanta Pandey discusses the new income tax slabs providing relief to individuals earning up to ₹12 ...

Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...