In the Union Budget 2025, Finance Minister Nirmala Sitharaman is expected to adjust the personal income tax rules under the ...

Expectations: Speculation is rife that the government may raise exemption limit significantly, with some experts suggesting a ...

Finance minister Nirmala Sitharaman introduced several tax reforms in the Budget 2025 intended to benefit middle-class taxpayers, including senior citizens.

Currently, in the old tax regime, the basic exemption limit for senior citizens is Rs 3 lakh, and for super senior citizens, it is Rs 5 lakh. Also read: Budget 2025: Minimum EPS pension to be ...

The budget introduces several significant changes for India’s elderly: doubling the TDS threshold and tax deduction limit on ...

The Union Budget 2025-26 increased the income tax basic exemption limit to Rs 4 lakh under the new tax regime, benefiting all ...

FM Nirmala Sitharaman announced major income tax relief, with no tax payable on income up to Rs 12 lakh. New tax regime to be ...

Income Tax Exemption Limits However, the old tax regime ... loan up to Rs 2 lakh. Senior citizens also get exemptions such as HRA and LTA. Tax Slabs Under the New Tax Regime which is applicable ...

During the Union Budget 2025 speech, Finance Minister Nirmala Sitharaman announced that people earning up to Rs. 12 lakh will ...

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 ...