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

The government's retrospective amendment to the Finance Bill 2025 overrides the Supreme Court's ruling from October 2024, ...

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 ...

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

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

Agrawal discussed a range of topics, including framing of tax proposals, and why he feels most taxpayers would opt for the ...

Apart from zero tax for about a crore people earning Rs 12 lakh a year, slabs also recast to benefit those in higher salary brackets. How much do you save if you earn over Rs 15 lakh a year? We ...

The budget outlines 10 broad development measures under the four pillars of Viksit Bharat, namely 'Nari Shakti, Yuva Shakti, ...

Union Budget 2025 has introduced significant changes in the income tax structure, providing relief to the middle class and salaried individuals.

New Delhi: The new tax structure announced in the Union Budget 2025-26 is expected to benefit around 5.65 crore taxpayers who ...