With zero tax upto Rs 12 lakh, you will take home the same as someone with income of Rs 12.71 lakh. Here’s why
Zero tax up to Rs 12 lakh taxable income is good news. But you start to lose as soon as you cross that threshold – until your ...
India's new income tax bill proposes broad access to taxpayers' devices, social media accounts
India's new income tax bill proposes sweeping powers for authorities to access taxpayers' emails, trading and social media ...
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 ...
Revised Income Tax Slabs, Old Regime vs New Regime? Top Questions Answered
The highlight of Finance Minister Nirmala Sitharaman's eighth consecutive Budget is the relief to middle-class taxpayers from the salaried class. But the Budget speech, which also announced revised ...
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New income tax slabs released in Budget for FY 2025-26 | Check full details
New Income Tax ... Centre also revised tax slabs under the new tax regime, offering taxpayers a potential annual saving of ...
Should you choose new tax regime over old? All your questions on income tax answered
Are you left scratching your head about the changes in tax slabs in the new regime announced in Union Budget 2025? Wondering ...
New Income Tax Bill: 10 Key points every taxpayer must know
New income tax bill is believed to a historic bill since it will replace the current legislation, which was enacted way back ...
India's tax cut plans will spur consumption, top execs say
India's plans to cut personal income tax rates will put more disposable income in the hands of the people and eventually ...
Ajit Ranade: The budget’s consumption stimulus will stand India in good stead
Together with fiscal prudence, it could keep the economy stable amid global headwinds that may worsen. This will be a year of ...
Khaleej Times10d
Indian budget unveils major tax relief, tightens rules for NRIs
Key changes affecting NRIs include greater scrutiny of foreign-earned income. The Indian government will implement enhanced data-sharing agreements with countries involved in Double Tax Avoidance ...
The Associated Press on MSN12d
Takeaways from India's budget that slashes income tax on the salaried middle class to spur growth
Many economists had suggested his government make tax cuts on individuals' income and implement job creation programs to mitigate rising unemployment. According to the Center for Monitoring the Indian ...
Tax Guru11d
New Income Tax Slabs for 2025: Old vs New Regime – Key Questions Answered
The old tax regime, which remains unchanged in the 2025 Budget, allows taxpayers to claim various exemptions such as House Rent Allowance (HRA), deductions under Section 80C (like for life insurance ...