Takeaways from India's budget that slashes income tax on the salaried middle class to spur growth
Indian Prime Minister Narendra Modi’s government presented an annual budget to Parliament on Saturday that focused on wooing ...
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Income Tax Budget 2025 LIVE: How much will middle-class save with new tax regime? Here's the math
Finance Minister Nirmala Sitharaman presented Budget 2025 and hiked the tax rebate available to individual taxpayers to ₹12 lakh from next fiscal, from ₹seven lakh currently.
Budget 2025: Relief for taxpayers to simplified TDS, 10 major Income Tax announcements by FM Nirmala Sitharaman
In Budget 2025, tax relief measures include raising the income tax rebate limit to ₹12 lakh and doubling senior citizens’ tax ...
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What Changes For You With New Income Tax Slabs? Check The Revised Rates In Budget 2025
The FM also informed that taxpayers with income up to Rs 12 lakh will not have to pay any tax. However, this rebate is only applicable on basic income, excluding special income such as capital gains.
India Today on MSN14h
Budget 2025: Revised income tax slabs and rates. Here's how it will benefit
'Barron's Roundtable' panel takes a closer look at what investors need to know about Chinese AI company. According to the ...
Indiatimes23d
Budget 2025 income tax: Hike basic exemption limit to Rs 5 lakh and reduce tax rates, says EY
Budget 2025 income tax expectations: Finance Minister Nirmala Sitharaman is urged by EY to raise the basic income tax exemption limit from Rs 3 lakh to Rs 5 lakh and lower tax rates in the ...
Indiatimes1d
Budget 2025 income tax: Raise 30% income tax slab; provide flat 30% deductions on gross income - here’s why
Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh in Union Budget 2025, restructure the tax brackets, and introduce a ...
Hindustan Times14d
Govt likely to introduce new income tax bill in Budget session: Report
The government plans to introduce a new income tax bill in the upcoming Budget session, simplifying the existing law by reducing its length by 60% The government, in the ensuing Budget session of ...
NDTV16d
Union Budget 2025: Tax Deduction Terms You Should Know Ahead Of Budget
Union Budget 2025: The Union Budget is a crucial ... This, in turn, reduces the amount of income tax owed to the government. Section 80D of the Income Tax Act, of 1961, provides tax deductions ...
moneycontrol.com10d
Budget 2025 wish list: 'Relax income tax return-filing timelines for residents with foreign income'
As Budget 2025 approaches ... for taxpayers navigating complex international financial matters. Under the Income Tax Act, 1961, an individual’s tax liability is determined by their tax residency ...
The New Indian Express24d
Why the budget must bring income tax relief this time around
the forthcoming budget should focus on boosting consumption of the top 10-15%, which will have trickle-down effects. How the government can manage the numbers A potential income tax cut won't be a ...
Daily Express17d
Labour to hit 2.5m people with sneaky tax hike
Office for Budget Responsibility (OBR) estimates show that seven million will pay 40% tax in the coming tax year, 2.5 million more than if income tax thresholds hadn't been frozen. Various tax ...