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Fresh slabs may prompt over 90% taxpayers to choose new regime: Tax body chief
Ravi Agrawal, in a post-Budget interview, pointed out that the income tax payment provisions announced in Budget 2025 not ...
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 ...
Fortune India16h
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% ...
ThePrint16h
90% or more taxpayers may shift to new regime with new slabs announced in Budget: CBDT Chairman
The Budget announcement of zero tax for earnings upto Rs 12 lakh per annum and the rejig of tax slabs across the board should prompt more than 90 per cent of individual taxpayers to embrace the new ...
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.
Two-tier Test format likely before India's tour of England: Report
The ICC is set to change the World Test Championship format to a two-tier system before India's tour of England. ICC chairman ...
AAP will form government in Delhi: TMC's Mahua Moitra campaigns for Vishesh Ravi in Karol Bagh
Trinamool Congress leader Mahua Moitra campaigned for AAP candidate Vishesh Ravi in Karol Bagh, expressing confidence in ...
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 ...