About 30 people on Saturday attended a town hall-style meeting at the Bloomfield Multi-Cultural Center Bloomfield in which ...

Nirmala Sitharaman said that the new tax structure will boost consumption. "The new structure will substantially reduce the taxes of the middle class and leave more money in their hands ...

Save more tax in old tax regime by claiming up to Rs 8.5 lakh tax deductions for a salary income up to Rs 25 lakh. Moreover, ...

New Income Tax Slabs: The revised tax structure requires individuals with an income above ₹24 lakh to pay 30 per cent income tax. (HT Photo) In a historic announcement, the finance minister ...

Income Tax 2025: Nirmala Sitharaman’s 2025 budget introduces a revamped tax structure, eliminating income tax for earnings up to Rs. 12 lakh. (REUTERS) Union Finance Minister Nirmala Sitharaman ...

Will the old tax regime be scrapped? No official announcements indicate that the government will abolish the old tax regime. However, discussions about its future have been ongoing. The new tax ...

The revised tax structure also introduces a 25% tax slab for incomes between Rs 20 lakh and Rs 24 lakh. Finance Minister Nirmala Sitharaman stated that these revisions aim to boost disposable ...

The new tax structure announced in the Union Budget 2025-26 is expected to benefit around 5.65 crore taxpayers who fall under the income slab of Rs 4 lakh and above. According to a report by the ...

Budget 2025: Ahead of the Budget, a majority of the members surveyed by FICCI favoured review of the direct tax structure with a view to spur demand and boost growth. A re-look at the slabs and the ...

The government has revised the tax structure under the new regime with Finance Minister Nirmala Sitharaman announcing that those earning up to Rs 12 lakh annually won't have to pay any income tax.

Unfortunately, that’s truly the case when determining the most optimal tax structure for your transaction. There are many variables — tax and non-tax — that go into assessing whether a particular ...

With less than five days to go for Budget 2025, speculations are rife over the possible income tax announcements that Finance Minister Nirmala Sitharaman could unveil on February 1. These include ...