New income tax bill to be introduced next week

Budget 2025: Nirmala Sitharaman announces rejig of income tax rates — Here's how slabs have changed under new tax regime
Finance Minister Nirmala Sitharaman announced a revised income tax system in the Budget, exempting individuals earning up to ₹12 lakh from taxation and introducing new tax slabs.
New Income Tax Bill to be introduced in Parliament next week, says Finance Minister Nirmala Sitharaman
While presenting the Union Budget in Parliament on Friday, Sitharaman urged Income Tax department officials to "trust first and scrutinise later."
New Income Tax Bill to be introduced next week, says FM Sitharaman
The new bill will be clear and direct in text, with close to half of the present law in terms of both chapters and words
'PM Modi was very clear...': What FM Nirmala Sitharaman said on income tax relief up to ₹12 lakh
Nirmala Sitharaman recently revealed a new income tax structure where earnings below ₹12 lakh will incur no tax. The updated slabs include a 5% tax for ₹4-8 lakh and a 10% tax for ₹8-12 lakh, aiming to support middle-class taxpayers.
Massive announcement by Nirmala Sitharaman, middle-class gets new income tax structure
In a massive relief to the middle class, union finance minister Nirmala Sitharaman on Saturday announced an increased income tax exemption for income up to ₹12 lakh per annum. This means that people who earn under ₹12 lakh per annum will not have to pay any taxes.
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.
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 ...
Income Tax news: Changes in new tax slab EXPLAINED, check details here
During the Union Budget 2025 speech, Finance Minister Nirmala Sitharaman announced that people earning up to Rs. 12 lakh will ...
Budget 2025: Will FM Nirmala Sitharaman bid goodbye to the old income tax regime? All eyes on February 1 announcements
With the Budget 2025 deadline nearing, the buzz is that the old income tax regime may be scrapped. Analysts point to the ...
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If your income is ₹14 lakh, know how Income tax is calculated ? Understanding the ₹12 lakh exemption
The new income tax regime announced by Finance Minister Nirmala Sitharaman introduces several key changes aimed at providing ...
No income tax upto Rs 12 lakh: Social media sparks meme frenzy after Budget 2025, netizens in celebration mode
Budget 2025 brings cheer to taxpayers! No income tax up to Rs 12 lakh sparks a meme fest on social media. Netizens rejoice and celebrate the tax relief with hilarious reactions.
'Poverty has been redefined': Shark Tank's Anupam Mittal reacts to Rs 12 lakh tax break in Budget '25
Finance Minister Nirmala Sitharaman unveiled key tax reliefs for Indias middle class in the Union Budget 2025, featuring a ...