India Today on MSN19h
New income tax regime: Check revised tax rates, slabs, and will you benefit?
Will the new tax regime put more money in your pocket, or should you stick with the old regime? Here is all you need to know.
Tax Guru4d
Tax Exemptions: Impact on Individuals and Corporates
Total Revenue Impact for FY 2023-24 is projected revenue impact. (ii) The total revenue impact of major tax incentives for Individual/HUF taxpayers for last five years is Rs 8,69,907.40 Crores. In ...
Income Tax Slab For [FY 2025-26]
The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...
BOOM on MSN6d
Explained: What Do Changes In Income Tax Slabs Mean For Taxpayers
By Nidhi Jacob On February 1, 2025, Union Finance and Corporate Affairs Minister Nirmala Sitharaman announced that the nil ...
Zero income tax: Investment in NPS, other deductions can get you more tax savings up to Rs 96,000; here's how
By investing in NPS and applying standard deduction of Rs 75,000, taxpayers earning Rs 13.7 lakh salary can pay zero tax; ...
Tax Guru8d
Budget 2025: Analysis of proposed amendments in Income Tax & GST
In terms of GST-specific amendments, Budget 2025 also focused on pre-deposit amounts for GST appeals, reducing penalties for E-way bill violations and introducing a 10% penalty for other infractions.
Union Budget 2025: Over 85% Personal Income Tax Payers Will Pay No Income Tax Now, Courtesy Modi Sarkar
The Union Budget announcement will prompt more people to move to the New Tax Regime as it has become far more attractive ...
Income Tax Slabs Budget 2025 LIVE Updates: No income tax for annual income of up to Rs 12 lakh
Finance Minister Nirmala Sitharaman announced that no income tax will be due for those with annual income up to Rs 12 lakh, among other changes in the tax slab.
The Financial Express14d
Budget 2025: Annual income up to Rs 10 lakh to be tax-exempt? Higher deductions, new 25% slab on taxpayers’ wishlist
Budget 2024 had increased the slabs by Rs 1 lakh each in 5% and 10% tax rates, recalls Killa. “As has been the trend, tax rates are likely to remain the same as before with a Rs 50,000 to Rs 1 ...
Indiatimes14d
Income tax relief? Govt looks to raise threshold, restructure slabs
The government is considering raising the standard deduction and adjusting income tax slabs in the upcoming Budget ... While the Centre is focused on tweaking the rates in the new tax regime ...
moneycontrol.com18d
MC-Deloitte CEO survey: Over 44% CEOs want Budget 2025 to reduce income tax slab rates in both old and new regimes
The chorus to reduce income tax slab rates ... Sitharaman reduce tax slab rates in the new, minimal exemptions regime. The study was conducted between January 10 and 22, 2025, across financial ...
The New Indian Express18d
No small fry! Malayalis’ beloved banana fritter caught in tax tangle
In India, the GST Council is responsible for deciding these rates. Kiran S Palakkal, president of Bake, points out that many sweetmeats and snacks are classified under lower tax slabs, while ...