The income tax rates for the assessment years (AY) 2025-26 and 2026-27 remain unchanged across categories. Under Section 115BAC, default rates for individuals and Hindu Undivided Families (HUF) ...
Ans. Earlier the limit of income for nil tax payment was Rs 7 lac. By increasing this limit to Rs 12 lakh around one crore assessees who were earlier required to pay tax varying from Rs 20,000 to Rs ...
These slabs apply to individuals, Hindu Undivided Families (HUFs), and associations, and are updated periodically to reflect ...
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 ...
India Today on MSN8d
Changes in income tax rates, slabs in Budget. This is how you stand to gainFinance Minister Nirmala Sitharaman overhauled income tax rates and slabs in Budget 2025-26 to bring relief to the salaried ...
How to calculate your income tax accurately by including all sources of income such as salary, rental income, capital gains, ...
Latest income ... rate income such as capital gains), taxpayers receive a tax rebate alongside benefits from reduced slab ...
8don MSN
In a move that’s set to bring major relief for the middle, she announced that there will be no income tax payable up to Rs 12 lakh under the new regime ...
In a major relief for the middle class, Finance Minister Nirmala Sitharaman announced that individuals earning up to Rs 12 ...
The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...
Finance Minister Nirmala Sitharaman in her Union Budget 2025 speech today announced a new tax slab that has been refreshed ...
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