Union, Nirmala Sitharaman and Income Tax Department

Standard deduction has been raised from the current ₹25,000 to 60,000 now and tax rebate under section 87A which was ₹25,000 ...
The Budget 2025 is set to introduce significant changes to the income tax slabs, particularly benefiting the middle class.
Despite the announced cuts in income tax rates, the Centre has projected a significant increase in gross income tax receipts ...
Summary: Budget 2025 introduces significant changes to income tax slabs under the new tax regime for individuals. Key highlights include tax-free income up to ₹4,00,000, and progressive tax rates ...
The former Delhi Chief Minister said that a large portion of the public exchequer is spent on the loan waivers for ...
The Budget 2025 is being seen as an important step to revive the slackening urban consumption in India and thereby help ...
India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...
Budget 2025 clarifies that the tax rebate will no longer apply to income from capital gains or other sources taxed at special ...