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 ...

Draft Bill likely to provide directions to widen tax net, given the contraction in tax base following the new exemption ...

Chairman Ravi Agrawal said that 90 per cent or more taxpayers are likely to move to the new tax regime from the current 75 ...

Here are the income tax rates, standard deduction available, basic exemption limit, rebate and deductions under both the new ...

The entrepreneur said that the Indian middle class has always been ‘a punching bag’, with the taxpayers ‘taxed at every turn, ...

The Budget proposes revised slabs and rates, which Sitharaman said would reduce the tax burden on the middle class, allowing ...

When asked whether the budget announcement of zero tax on annual income up to ₹12 lakh would lead to 100% of taxpayers ...

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

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 ...