Income Tax Budget 2025: No income tax payable up to income of ₹12 lakh, announces FM
FM Nirmala Sitharaman said that the new structure will substantially reduce taxes of middle class and leave more money in their hands.
Budget 2025: Big changes in income tax slabs under new tax regime
The updated slabs show a shift in the tax-free income threshold from Rs 3 lakh to Rs 4 lakh, which is expected to provide significant relief to low-income taxpayers
Income Tax Reforms in Budget 2025-26 for Good Governance
SLEW OF DIRECT TAX REFORMS PROPOSED IN UNION BUDGET 2025-26 TO ACHIEVE GOOD GOVERNANCE Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman presented the Union Budget 2025-26, in the Parliament today.
What is new Income Tax Bill, how is it different from tax cuts in Budget 2025?
With state governments handing out freebies to the poor leading to despondency in the middle-class, it was assumed that Finance Minister Nirmala Sitharaman would have no option but to make a big move to change the mood of the middle-class.
Budget 2025: How to Pay 0 Tax on Income Under ₹12 LPA | A Step-by-Step Calculation
Budget 2025 LIVE: In a major boost for middle-class taxpayers, Finance Minister Nirmala Sitharaman, in the Union Budget 2025, announced an increase in the tax rebate under Section 87A, guaranteeing that individuals with a net taxable income of up to Rs 12 lakh will pay no tax under the new income tax regime.
India cuts income tax in a bid to boost consumption
India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, which is projected to grow at its slowest pace in four years. Currently, under the new system introduced in 2020,
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Budget 2025: New income tax slabs, rates, and benefits explained – FAQs
Finance Minister Nirmala Sitharaman, in her Budget speech, announced new income tax slabs under the revised tax regime, ...
Budget 2025 Highlights
India will focus on boosting the spending power of its middle class population, encouraging inclusive development and private ...
Income Tax Slabs Budget 2025 LIVE Updates: No income tax for annual income of up to Rs 12 lakh
Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26 today in Parliament. Ahead of Budget session, many are ...
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Income Tax Slabs 2025 LIVE Updates: FM Sitharaman announces ₹12 lakh income tax exemption, new tax revenue estimates and more
Finance Minister Nirmala Sitharaman is set to present the Union Budget 2025 today. Experts expect potential reforms, from tax ...
Income Tax Slab Budget 2025-26 Update: FM Sitharaman says New Income Tax Bill to be introduced...
Union Finance Nirmala Sitharaman while presenting Union Budget 2025-26 said the government will introduce a New Income Tax ...
Takeaways From India's Budget That Slashes Income Tax on the Salaried Middle Class to Spur Growth
Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle ...
Union Budget 2025: Quick look at 5 basic terms every UPSC aspirant must know
Before diving into the budget details, do you know these five key terms that UPSC and other competitive exam aspirants should ...
Union Budget 2025 LIVE: Eyes on income tax cuts, GDP growth; Sitharaman to present Union Budget at 11 am
Most tax experts expect improvements to the new income tax structure to encourage its adoption. Income tax reduction for the ...