Explainer: How India's tax rate tweaks will boost middle class spending
The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...
India.com8d
Income Tax Slabs and Rates: New Regime Vs Old Regime
The Central Government has made Income up to Rs 12 lakh of normal income tax-free. Capital gains income however falls under the taxable income. Check the latest slabs of income tax and rates under ...
The income tax gambit to ramp up India’s growth
The Union cabinet approved the income tax bill on 7 February to replace the existing law, and it is expected to be tabled in ...
The Financial Express7d
‘India income tax-free?’, Anupam Mittal criticises 12 lakh tax exemption in Budget 2025
it highlights a larger conversation around the fairness and structure of India’s taxation system under the new regime. Your up to Rs 12 lakh annual income is not tax-exempt as wrongly perceived ...
Indiatimes11d
Budget 2025 income tax: Why standard deduction should be hiked under new tax regime
Budget 2025 income tax expectations: Standard deduction is a flat deduction available on the salary income that helps reduce the taxable income of a taxpayer. Personal tax experts are of the view ...
Indiatimes12d
Budget 2025 income tax new versus old regime: Top 7 expectations of taxpayers from FM Sitharaman
In contrast, the old income tax regime remained popular with the remaining ... of the rising inflation and costs of living in India. Their expectations from the FM are the following: Increase ...
Hosted on MSN10h
Government may reveal new Income Tax Bill in Parliament today
The government is set to present a new income tax bill in Parliament, aiming to streamline the system.
Takeaways from India's budget that slashes income tax on the salaried middle class to spur growth
Sitharaman announced a new fund for startups and said the government will provide more money to promote innovation in ...
Mint10d
Income Tax Calculator: Compute your tax under old and new regimes here
Although the new tax regime does not offer most exemptions ... First of all, you need to click this link on Income Tax India portal to access the tax calculator. For financial year 2024-25 ...
Mint8d
Revised Income Tax Slabs: How much money will you save in the new regime post Budget 2025? Here’s the math
From zero tax on income of up to ₹12 lakh to cutting the income tax rates proposed in the new tax regime, Budget 2025 came as a much needed relief for the taxpayers. In what's being dubbed as ...
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 ...
Hindustan Times8d
New income tax slabs released in Budget for FY 2025-26 | Check full details
New income tax slabs: Nirmala Sitharaman made a historic announcement that there will be no income tax payable for those with an income upto ₹12 lakh. New Income Tax Slabs: Union finance ...