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 ...

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.

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

Budget 2025 offers a welcome increase in tax rebates, but it’s important to know where the benefits apply and where they don’t. Here’s a breakdown of how you can benefit from the new rebate—and the ...

Budget 2025 announcements included reforms related to income tax, TDS, tax on second housing property, crypto investent, etc.

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 ...

Read this table to see how much tax you can save at different income levels ranging from Rs 9 lakh to Rs 2.4 crore.

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

Budget 2025 extends the time limit for filing updated ITRs from 24 months to 48 months, but taxpayers filing late may have to ...