Mint8d
NO income tax till ₹12 lakh: A look at the new tax slabs vs. current tax slabs
No tax on income up to Rs. 12 lakh: The most significant update is that there will be no income tax payable on annual earnings of up to Rs. 12,00,000 under the new tax regime. The new tax regime ...
Mint6d
What does no income tax up to ₹12 lakh really mean? Decoding differences between tax rebate, deduction & exemption
Tax rebate will be provided to those earning up to ₹12 lakh under the new tax regime. In the Union Budget 2025, Finance Minister Nirmala Sitharaman mentioned that the ‘nil income tax’ slab ...
India.com9d
How to Complete Your Tax Return Without Form 16
Even if you don’t have Form 16, you can still file your ITR by using alternative documents such as bank statements ... as FM Sitharaman announces NO INCOME TAX on annual income of up to 12 ...
Reuters9d
Modi turns to India's vast middle class to revive growth in rough global year
Per capital income is around $2,700 for India's population of 1.4 billion, with about one-third considered middle class. The tax cut is "likely to spur consumer demand and savings by the middle ...
moneycontrol.com8d
No income tax for Rs 12 LPA: 'Middle class' celebratory memes flood internet on Budget Day
Minutes after Nirmala Sitharaman announced during her Union Budget speech that no ... tax. Individuals falling in the Rs 16 lakh to Rs 20 lakh bracket will pay 20 percent tax, while those with ...
Gainesville8d
No. 6 Florida basketball vs No. 8 Tennessee player ratings: Rough afternoon for Gators
Not much went right for No. 6 Florida basketball in its 64-44 loss at No. 8 Tennessee on Saturday at Thompson-Boling Arena. The Florida Gators (18-3. 5-3 SEC) were held to a season-low in points ...
The Financial Express8d
Budget 2025: No income tax on annual income upto Rs 12 lakh, says FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman, in her Union Budget 2025 speech, announced a major relief for taxpayers by raising the tax exemption limit to Rs 12 lakh under the new income tax regime.
Hindustan Times8d
Income Tax Slabs | Budget 2025: PM Modi says tax rebate will provide big benefit to middle class
In the last 10 years, the middle class had this demand - today they have been heard and hence I welcome that (no income tax on income of up to ₹12 lakhs). Second thing, Bihar must be thinking if ...
Indiatimes8d
Union Budget: No income tax up to Rs 12 lakh - a simple guide to what it actually means for taxpayers
Finance Minister Nirmala Sitharaman announced zero income tax for ... that there would be no taxes for income up to 12 lakhs, she later revealed a 10 per cent tax slab for income between 8 and ...
Deccan Chronicle8d
No Income Tax Up to Rs 12 lakh: Memes Galore on Social Media After Budget 2025
Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26 on Saturday and said the Budget will initiate reforms in six areas of taxation, urban development, mining, financial sector ...
India TV7d
No income tax upto Rs 12 lakh: Social media sparks meme frenzy after Budget 2025, netizens in celebration mode
Nirmala Sitharaman, who delivered the Union Budget for 2025-26 in the Lok Sabha at 11 a.m., stated that one crore more people will pay no income tax due to an increase in the refund to Rs 12 lakh.