New income tax slabs for FY 2025-26: 30% tax now starts at Rs 24 lakh, income up to Rs 20 lakh to be taxed at 20% in Budget 2025
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...
From Rs 2 lakh to 12 lakh: Transformation of India’s personal income tax structure under Modi govt since 2014
In 2014, taxpayers were exempt from tax on income up to Rs 2 lakh. Budget 2025 has significantly expanded this relief to Rs ...
Fortune India13h
This category of taxpayers will receive relief in the form of “marginal relief” on income exceeding ₹12 lakh.
“For a person earning Rs 12,10,000, in the absence of marginal relief, the tax would amount to ₹61,500 (5% of ₹4 lakh + 10% ...
Jhaadu ke tinke bikar rahe hai': PM Modi says AAP wasted 11 years of Delhi, urges people to vote for BJP
Prime Minister Narendra Modi expressed confidence in BJP forming the next government in Delhi, criticizing AAP's governance ...
‘If Nehru Ji Were In Power, You’d Pay 1/4 Tax On ₹12 Lakh; Under Indira Ji, ₹10 Lakh Would Go In Taxes’: PM Modi Criticises Congress Tax Regime (VIDEO)
As the Delhi Assembly Elections 2025 close in, election rallies are being conducted in full swing to woo the voters of Delhi.
Budget emphasis on urban governance could benefit workers living in small towns
The Union Budget has clearly focussed on boosting consumption and stimulating job growth with proposals to benefit workers.
Old vs new tax regime: Which is better for you? A comparison after Union Budget 2025
Under the proposed Union Budget 2025, a ₹60,000 rebate applies to incomes up to ₹12 lakh, enhancing the attractiveness of the ...
Indiatimes18h
Income Tax Calculator FY 2024-25
Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...