Finance minister Nirmala Sitharaman introduced several tax reforms in the Budget 2025 intended to benefit middle-class taxpayers, including senior citizens.
Learn about the new and old tax regimes, including tax rates and surcharges applicable to various income levels.
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Here are the income tax slabs, rates, and deductions announced by Finance Minister Nirmala Sitharaman in the Union Budget ...
Finance Minister Nirmala Sitharaman announced new tax slabs in the new tax regime 2025, so there will be no income tax for ...
Finance Minister Nirmala Sitharaman gave full tax relaxation for new regime taxpayers whose income is up to Rs 12 lakh. With this, she also revised the income tax rates for other income slabs. There ...
FM Nirmala Sitharaman announced major income tax relief, with no tax payable on income up to Rs 12 lakh. New tax regime to be ...
For senior citizens investing in fixed deposits, the threshold for TDS on interest income exceeding Rs 50,000 was raised to ...
Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...
Budget 2025 brings income tax relief with a higher nil tax slab and new tax slabs for taxpayers. Senior citizens benefit from ...
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 ...