New income tax slabs for FY 2025-26 in Budget 2025: 30% tax now starts at Rs 24 lakh, 25% tax rate introduced for incomes between Rs 20-Rs 24 lakh
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income above Rs 15 lakh. However, the new tax regime offers limited deductions to taxpayers.
Income Tax Slabs Budget 2025 Live: How much income tax will middle class taxpayers save? FM Sitharaman's big tax announcements decoded
Finance Minister Nirmala Sitharaman has brought big cheer for middle class taxpayers - it’s a bonanza like never b
Income tax changes in Budget: Here at 10 things individual taxpayers should know
Sitharaman said this new structure will significantly reduce taxes for the middle class, putting more money in their hands, boosting household consumption, savings, and investment.
Takeaways from India's budget that slashes income tax on the salaried middle class to spur growth
Indian Prime Minister Narendra Modi’s government presented an annual budget to Parliament on Saturday that focused on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and manufacturing.
Income tax relief for the middle class! Top 5 income tax changes from Budget 2025 you should know
Budget 2025 income tax slab changes FY 2025-26: Finance Minister Nirmala Sitharaman presented Budget 2025 addressing the middle class by increasing th
Budget 2025: No income tax upto ₹12 lakh income. Here’s how much you will save
Standard deduction has been raised from the current ₹25,000 to 60,000 now and tax rebate under section 87A which was ₹25,000 has now been raised to ₹60,000
Budget 2025: How income up to ₹12 lakh is tax-free under new tax regime | Explained
Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the no-tax limit from ₹7 lakh to ₹12 lakh and introduced revised tax slabs. The government expects its revenue from income tax to increase 14.
No income tax up to Rs 12 lakh: What it means if you earn more
In a major relief for the middle class, Finance Minister Nirmala Sitharaman announced that individuals earning up to Rs 12 lakh will no longer have to pay income tax. She also introduced revised tax slabs under the new tax regime.
India offers middle-class tax relief to support growth; targets narrower budget gap
India plans to cut personal income tax rates to boost middle-class spending power, Finance Minister Nirmala Sitharaman said on Saturday, as she announced an annual budget that also sought to increase private investment to strengthen growth.
Will big tax relief for the middle-class spur growth? Industry titans share views
Prime Minister Narendra Modi hailed the Union Budget 2025 and said that tax relief given by Finance Minister Nirmala Sitharaman will provide big benefits to middle class and salaried employees.
Budget 2025: The middle class of the country rejoiced after hearing the budget, salary up to 12 lakhs is tax-free; how much loss will the government incur?
Finance Minister Nirmala Sitharaman has made a big announcement for taxpayers while presenting the budget today. The Finance Minister said that income up to Rs 12 lakh will be completely tax-free. The middle-class people of the country have breathed a sigh of relief with this announcement of the Finance Minister.
Income tax on crypto currency: How did budget 2025 impact the taxation on virtual digital assets?
Income tax on cryptocurrency transaction. After Budget 2025 there is no change in taxation of cryptocurrencies as they ...
Income Tax Budget 2025 LIVE: Breaking down revised tax slabs; Here's how much more money you will have in your pocket
Stay tuned for live updates as FM Sitharaman presents her eighth Union Budget 2025. Follow our live coverage for all the ...
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Push for lower, middle-income households in Budget to roll private investment cycle: HDFC Bank
The Union Budget 2025's focus on supporting lower and middle-income households could help revive private investment in the ...
Crypto income: Budget 2025 tightens crypto transaction monitoring, other tax norms
The Budget 2025 has proposed to tighten certain rules for crypto trading. As per the amendments made, income from VDAs will ...
Will income tax booster by Modi government safeguard stock market bulls against FII selloff?
The Union Budget raised the income tax exemption limit to ₹12 lakh for middle-class taxpayers, potentially increasing ...