A significant announcement introduces tax exemption for incomes up to Rs 12 lakh under the new ... rate income such as ...

The newly introduced Income Tax Bill 2025 aims to simplify the existing provisions of the Income-Tax Act, of 1961. The ...

(ANI) Union Budget 2025, Income Tax rates: In a major relief for middle-class taxpayers, Finance Minister Nirmala Sitharaman on Saturday introduced the revised tax slab in the new tax regime in ...

Budget 2025 income tax slab changes 2025-2026 explained: All income tax slabs and rate changes have been announced under the new income tax regime - and the biggest takeaway is that an individual ...

Income Tax Slabs: The new tax slabs announced by Union Finance ... For Rs 3-7.5 lakh income, the rate is 5 per cent now, instead of 10 per cent in some slabs, and that relief comes at once.

The Income Tax filing deadline is just 46 days away from today, with the deadline being on July 31, 2024. Taxpayers should be ready to file their returns anytime now at the tax rates declared by ...

“Democracy, Demography and Demand are the key support pillars in our journey towards Viksit Bharat. The middle class provides strength for India’s growth. This Government under the leadership ...

During the Union Budget 2025 speech, Finance Minister Nirmala Sitharaman announced that people earning up to Rs. 12 lakh will not have to pay any income tax. This is a big relief for taxpayers and ...

The income tax system in India operates through a progressive slab structure. The amount of tax an individual pays is directly proportional to their income in a financial year. The system is ...

In the new tax regime, the effective income tax rate will be 0% ... Now, there is a 25% slab for those earning between Rs 20 lakh and Rs 24 lakh with the new tax regime. The new decision from ...

Ahead of the Union Budget, there is growing anticipation surrounding potential adjustments to personal income tax policies, particularly for individuals who have chosen the new tax regime.

Finance minister Nirmala Sitharaman announced that the tax slab will be revised in the new tax regime during her Budget speech. Advisory Alert: It has come to our attention that certain ...