Under the new tax regime, the government has also introduced new tax slabs, lowering the tax burden on middle-income earners.
The new tax rates announced by finance minister Nirmala Sitharaman in the Union Budget 2025 are expected to bring much relief to the salaried taxpayers. With taxpayers earning up to ₹12 lakh exempted ...
There’s a shift in emphasis from building infrastructure to stoking consumption, but this doesn’t solve the country’s basic problems. When, for example, will governments ‘get out of the way’?
We cannot meet the 2047 deadline for a ‘developed India’ without more funds, free and open discussion or objective evaluation ...
This will be the central bank's first MPC meeting under Sanjay Malhotra who was appointed the RBI governor effective December ...
A key highlight this Budget for middle-class and salaried taxpayers is the exemption of income tax for those earning up to Rs ...
Budget 2025 prioritises non-inflationary growth through careful fiscal management, with the government's entire borrowing of ...
The NDA government has implemented a range of incentives lately to promote the acceptance of the new tax regime. However, the ...
By Nitya Chakraborty The present euphoria among the BJP-led government ministers after the presentation of the 2025-26 budget ...
Finance Minister Nirmala Sitharaman announced zero tax for individuals earning up to Rs 12 lakh in Budget 2025, with marginal ...
For senior citizens investing in fixed deposits, the threshold for TDS on interest income exceeding Rs 50,000 was raised to ...
Those earning between Rs 12 lakh and Rs 24 lakh (or Rs 24.75 lakh for salaried individuals) will pay 25-31% less tax.