The income tax reforms introduced in the budget are among the biggest in the last decade — simplified and rationalised to put more money in people's hands without compromising the fiscal deficit.
No income tax payable for income up to ₹12 lakh under new tax regime; New norms for TDS, Tax Collected at Source, and more in The Hindu’s top news of February 1, 2025 ...
Finance Bill 2025 introduces several changes to the block assessment provisions under Chapter XIV-B of the Income-tax Act, 1961, which govern search and requisition cases. The block period is defined ...
The Union Budget 2025 brings a mix of bold tax cuts, fiscal prudence and policy shifts aimed at stimulating economic growth ...
Under the new regime, the tax liability for individuals earning Rs 12 lakh or Rs 12.75 lakh (for salaried persons) is Rs ...
No tax for those earning Rs 12 lakh annually. Finance Minister Nirmala Sitharaman’s Union Budget has come as a blessing to the middle class. We talk about taxes, tariffs and the Kumbh Mela tragedy in ...
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Under the revised New Income Tax Regime for 2025, no income tax will be payable on income up to Rs12 lakh. With the inclusion ...
Plus: First-time filers, tax refund checks, new tax-related scams, IRS job rescissions, federal estate taxes, tax filing deadlines, industry updates, and more.
India’s finance minister gave middle class consumers 1 trillion rupees ($11.5 billion) in tax relief in her budget Saturday, seeking to shore up a slowing economy as global risks worsen. ...
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