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 ...

By Nidhi Jacob On February 1, 2025, Union Finance and Corporate Affairs Minister Nirmala Sitharaman announced that the nil ...

By investing in NPS and applying standard deduction of Rs 75,000, taxpayers earning Rs 13.7 lakh salary can pay zero tax; ...

The Budget 2025 is set to introduce significant changes to the income tax slabs, particularly benefiting the middle class. Currently, the new tax regime features slabs where income up to ₹3 lakh is ...

The Union Budget announcement will prompt more people to move to the New Tax Regime as it has become far more attractive ...

Finance Minister Nirmala Sitharaman announced that no income tax will be due for those with annual income up to Rs 12 lakh, among other changes in the tax slab.

The proposal to introduce an additional tax slab of 25% for income levels between Rs 15 lakh and 20 lakh will surely provide significant tax relief and increase disposable income, Nadar noted.

The government is considering raising the standard deduction and adjusting income tax slabs in the upcoming Budget to alleviate middle-class burden. Concessions for health insurance and pension ...

As a relief to taxpayers, Union Budget 2025 may increase the basic exemption limit, or revised slab rates can be introduced to mitigate the overall tax on middle class taxpayers. Union Finance ...

predicting that the government may introduce changes to the personal income tax slabs to encourage consumer spending.Nomura expects India to surpass its fiscal deficit target for the financial ...

Kiran S Palakkal, president of Bake, points out that many sweetmeats and snacks are classified under lower tax slabs, while others, due to slight variations in ingredients or preparations ...