Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...

Budget 2025 aims to unlock India's potential for development by 2047, with reforms for ease of doing business and tax ...

These slabs apply to individuals, Hindu Undivided Families (HUFs), and associations, and are updated periodically to reflect ...

The government has also raised the TCS exemption limit on Liberalised Remittance Scheme (LRS) transactions from Rs 7 lakh to ...

Finance Minister Nirmala Sitharaman tabled the Union Budget for the financial year 2025-2026 in Parliament on Saturday. From ...

There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.

In Budget 2024, FM Sitharaman increased the standard deduction for those who opted for the new tax regime to Rs 75,000 ...

New income tax slabs: Nirmala Sitharaman made a historic ... insurance and other long-term investment schemes. The new tax regime, which was brought in the year 2020, offers slightly lower rates ...

The Budget did not make any changes to the tax rates or slabs ... schemes. Despite the lack of deductions, most taxpayers – particularly the younger ones – may find shifting to the new regime ...

Vivad Se Vishwas 2.0 Scheme Sitharaman announced that 33,000 taxpayers have successfully resolved their direct tax disputes under the Vivad Se Vishwas 2.0 scheme, reflecting the government’s ...