Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant income tax relief for the middle class in the Union Budget 2025, eliminating ...

Income Tax Budget 2025 LIVE: According to the Budget 2025 announcement, the government proposed to increase the threshold for TCS under the Reserve Bank of India's (RBI) Liberalized Remittance ...

Tax on subsequent amount of 4 lakh (from 4 lakh to 8 lakh) Rs 20,000 (being 5% of Rs 4 lakh) Tax on subsequent amount of 4 lakh (from 8 lakh to 12 lakh) Rs 40,000/- (being 10% of Rs 4 lakh) Tax on ...

In the realm of income tax in India, it is essential to grasp the distinction between gross income and total income. Here, we offer a brief overview of your gross income and taxable income ...

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 ...

Days after the Centre provided income tax relief to the middle class ... Total toll collection in India - which has the second largest road network and its National Highways span a total length ...

The Income Tax Act, which has been in force in India since 1961, is now on the threshold of change. The government has ...

Finance Minister Nirmala Sitharaman, in her Union Budget 2025 speech, unveiled a transformative tax reform—India will ...

The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, is hailed as a comprehensive plan aiming for ...

India’s personal income tax system has undergone substantial revisions with the Union Budget announced on February 1, 2025. These changes only impact taxpayers opting for the new tax regime. We ...

Filing income tax in India has been quite complicated and difficult, especially under the old tax regime. However, the current government has implemented several reforms to simplify the process. The ...