Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through ...

Under the proposed Union Budget 2025, a ₹60,000 rebate applies to incomes up to ₹12 lakh, enhancing the attractiveness of the ...

Union Finance Minister (FM) Nirmala Sitharaman, who presented her eighth consecutive Union Budget on February 1, streamlined ...

Budget 2025 clarifies that the tax rebate will no longer apply to income from capital gains or other sources taxed at special ...

Zero tax up to ₹12 lakh as well as the attractive new tax slabs are only applicable to the new tax regime, but at the same ...

The new tax regime allows a salaried individual to claim a standard deduction of Rs 75,000 from the salary income. There is ...

Under the new tax regime, individuals earning up to ₹12 lakh can claim a full tax rebate under Section 87A.This effectively ...

New tax regime gets a boost as Budget 2025 proposes major income tax relief, increasing the rebate limit to ₹12 lakh, offering significant savings to taxpayers.

Finance Minister Nirmala Sitharaman has proposed significant tax reforms for middle-class taxpayers in India. With zero tax on incomes up to ₹12 lakh and reduced rates for higher brackets, here’s how ...

In 2014, taxpayers were exempt from tax on income up to Rs 2 lakh. Budget 2025 has significantly expanded this relief to Rs ...