Prominent influencers like YouTuber Nalini Unagar and Shaadi.com founder Anupam Mittal have raised concerns over the perceived inequalities in the tax structure.
Ans. Earlier the limit of income for nil tax payment was Rs 7 lac. By increasing this limit to Rs 12 lakh around one crore assessees who were earlier required to pay tax varying from Rs 20,000 to Rs ...
In a big boost to the Indian middle class, Finance Minister Nirmala Sitharaman on Saturday announced that there will be no ...
The Finance (No.2) Act, 2024 had the following slabs in the new tax regime for person, being an individual or Hindu undivided ...
In a big bonanza for salaried taxpayers, Union Finance Minister Nirmala Sitharaman announced that there will be no income tax to be paid for income levels up to Rs 12 lakh. The much-anticipated ...
The Union Budget 2025 brings substantial tax relief to individuals earning up to ₹12 lakh, making them effectively tax-free. The revised tax slabs, enhanced Section 87A rebate, and marginal relief ...
Finance Minister Nirmala Sitharaman in Budget announced new tax slabs in the new tax regime 2025, making it so that there is ...
In a major relief to the middle class in India, Union finance minister Nirmala Sitharaman on Saturday announced that no income tax will be payable on income up to ₹12 lakh. Follow LIVE updates here.
As per statistics released by PIB, approximately 72% of the taxpayers have opted for the new income tax regime i.e., 5.27 crore tax returns ... housing loan interest up to Rs 300,000 under Income ...
Budget 2025 may bring tax relief, AI investments, infrastructure boost, and fiscal reforms to spur economic growth ...
For instance, if someone earns up to Rs 7.5 lakh annually, they are better off under the New Tax Regime, as they won’t have to pay any tax. Additionally, salaried individuals benefit from not ...
Finance Minister Nirmala Sitharaman Saturday announced revised tax slabs under the new tax regime in the Union Budget 2025, aiming to provide relief to taxpayers while ensuring economic stability.