Under the new regime, the tax liability for individuals earning Rs 12 lakh or Rs 12.75 lakh (for salaried persons) is Rs ...

To the relief of middle-class tax payers, Finance Minister Nirmal Sitharaman announced a new tax slab during the Union Budget ...

All in all, the Budget reforms for taxpayers were meant to reduce the burden and give the opportunity to hold more money in ...

CBDT Chairman Ravi Agrawal the motivation behind the rejig of the tax slabs was to provide substantial relief to the middle ...

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 ...

The announcement of the 2025 Union Budget brought relief to many taxpayers, particularly those with an income of up to ₹12 ...

While a majority of the middle class is said to benefit out of the new tax regime, it takes away all the exemptions on ...

Salaried individuals can achieve zero tax on annual income up to ₹13.7 lakh through standard deductions and investments in ...

One of the key highlights of Budget 2025 was that individuals earning up to Rs 12 lakh will not have to pay any income tax ...

Currently, about 74-75 per cent of taxpayers file their returns under the new income tax regime, the official said citing government data.

These are open-ended funds and have a lock-in period of three years as compared with five years for unit-linked insurance ...

The Union Budget 2025 has introduced a new rebate for incomes up to ₹12 lakh, but it’s not a one-size-fits-all benefit.