Takeaways from India's budget that slashes income tax on the salaried middle class to spur growth
Sitharaman announced a new fund for startups and said the government will provide more money to promote innovation in ...
Indiatimes3d
Budget 2025 new vs old income tax regime: Will FM Sitharaman do away with the old regime soon? Experts weigh in
Budget 2025 income tax expectations: Most personal tax experts are of the view that the government will phase out the old income tax regime in the coming years. However, they are divided on how soon.
Asian News International on MSN11h
Despite income tax cuts, India on track for fiscal consolidation: S&P Global Ratings
India's fiscal consolidation efforts remain on course despite recent income tax cuts, according to S&P Global Ratings.Finance ...
Budget 2025: FM Sitharaman makes new income tax regime more attractive for salaried taxpayers
With the proposed changes, NPTR will now become far more appealing for individuals as it would mean availing beneficial tax ...
NDTV6d
Opinion | Why Over Half Of All Income Tax Filings In India Are Zero-Tax
10 lakh per annum—India's per capita income is just around Rs. 2 lakh—and individuals earning up to Rs. 7 lakh are not required to pay income tax under the new tax regime. As many as 90% of ...
Indiatimes12d
Budget 2025 income tax: Individual taxpayers want FM Sitharaman to lower tax rates, make new tax regime more attractive, says survey
Budget 2025 income tax: According to government data, the new income tax regime has gained substantial acceptance. (AI image) ...
Mint9d
Breaking India’s tax litigation gridlock
The largest pendency in litigation lies at the first appellate level—the Commissioner of Income Tax (Appeals). In FY 2018-19, about 335,000 disputes were awaiting disposal by the CIT(A).
India TV27d
Budget 2025: Taxpayers anticipate income tax relief, know current slabs under new and old tax regimes
Your financial information determines the best regime. The new tax system suits low-income investors, while the old tax system benefits taxpayers leveraging deductions and exemptions. With the ...
NDTV14d
New Regime Or Old Regime - Which Income Tax Slab Works Best For You?
The income tax system in India operates through a progressive slab ... a few changes were introduced to the tax slabs under the new tax regime, alongside some adjustments to exemptions and deductions.
The Financial Express19d
Budget 2025: Govt may announce old tax regime phase-out
“The old tax regime remains relevant primarily due ... executive director, Nangia Andersen India. Even high-income taxpayers not having eligible investments, home loans, etc, find the new ...
Business Today18d
Unified tax regime: Can a new system merging old and new income tax regimes work? Experts share inputs
India's current tax system for individual taxpayers ... There are discussions regarding the possibility of the government adjusting the income tax brackets in the upcoming tax system.
moneycontrol.com27d
Union Budget 2025: Time ripe for a tax cut for India’s salaried class
India’s GDP growth is estimated to dip below ... therefore they could go for a shallow reduction in the new income tax regime,” said Emkay Global’s Arora. While Kumarmanglam Vijay, partner ...