India's average Customs tariff has reduced to 10.66% from 11.65%, aligning with ASEAN countries. This rationalisation aims to ...

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

Ravi Agrawal, in a post-Budget interview, pointed out that the income tax payment provisions announced in Budget 2025 not only benefit those who earn Rs 12 lakh per annum, but across all income ...

Chairman Ravi Agrawal on Sunday said that more than 90 per cent of individual taxpayers might be promoted to embrace the new tax regime after the budget announcement of zero tax for earnings up to Rs ...

The Union Budget 2025-26 has delivered the largest tax exemption hike in two decades, allowing individuals earning up to Rs 12 lakh annually to pay zero income tax under the new regime. This move aims ...

“For a person earning Rs 12,10,000, in the absence of marginal relief, the tax would amount to ₹61,500 (5% of ₹4 lakh + 10% ...

Tax measures announced in Budget 2025 will have a wide-ranging impact on individual taxpayers across income brackets, as also ...

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

She added that the thought process behind revising the tax slabs was to simplify the tax process and make compliance easier for the taxpayers.

As per the new tax regime, individuals earning up to Rs 12 lakh in a year will not have to pay any taxes after she raised the exemption threshold from Rs 7 lakh. An additional Rs 75,000 standard ...

In a major relief for the middle class, Finance Minister Nirmala Sitharaman announced that individuals earning up to Rs 12 lakh will no longer have to pay income tax. She also introduced revised tax ...