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 ...
Tax Guru1d
Cost Inflation Index Update FY 2024-25: Key Changes Explained
How is Cost Inflation Index used in Income Tax? Long term capital assets are recorded at cost price in books. Despite increasing inflation, they exist at the cost price and cannot be revalued. When ...
Budget 2025: 30% tax on Rs 18 lakh from Rs 15 lakh -- will that ease middle class's burden?
The income tax slab of 30% has remained at Rs 15 lakh since 2020. However, the Cost Inflation Index (CII) has increased by 21 ...
Budget 2025 live updates: Zero tax for income up to Rs 12 lakh, says FM Sitharaman
Union Budget 2025 LIVE updates: Finance Minister Nirmala Sitharaman, in her eighth consecutive budget in a row, said income ...
Business Today5d
IT-BT Budget Round Table 2025: Unprecedented budget tax reliefs to help 99% of tax payers, say experts
The minister, who tabled the union budget for the next financial year in the Parliament on 1 February, has brought down the income tax burden on a large section of the salaried taxpayers in India ...
Mint9d
Budget 2025: Consumer durables Index rises 2%: Blue star Voltas lead with gain up to 7% on income tax relief trigger
Budget 2025: Consumer durables Index rises gained ... to 4% while Havells India Ltd was the other leader with similar gains. Analysts said that the revision in Income tax slabs will be positive ...