Budget 2025 | Tax clarity for AIFs as income will now be treated as capital gains
The amendment is significant given that, according to data from the Sebi, more than 1,400 AIFs in the country had raised a cumulative ₹5 trillion as of September 2024.
Happy With Income Tax Announcements In Budget 2025? Here's How Much It Will Cost Centre
Despite the announced cuts in income tax rates, the Centre has projected a significant increase in gross income tax receipts for the financial year 2025-26. The budgeted receipts for 2025-26 are set at Rs 14.38 lakh crore, marking a 21.1% increase compared to the revised estimate of Rs 12.57 lakh crore for 2024-25.
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 the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and manufacturing.
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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.
India offers middle-class tax relief to support growth; targets narrower budget gap
India plans to cut personal income tax rates to boost middle-class spending power, Finance Minister Nirmala Sitharaman said on Saturday, as she announced an annual budget that also sought to increase private investment to strengthen growth.
No tax for up to Rs 12.75 lakh income for salaried under new tax regime as Section 87A tax rebate hiked in Budget 2025
Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through the tax rebate than changing the tax slabs. This is because to get this tax rebate under section 87A you need to file Income Tax Return (ITR).
Will big tax relief for the middle-class spur growth? Industry titans share views
Prime Minister Narendra Modi hailed the Union Budget 2025 and said that tax relief given by Finance Minister Nirmala Sitharaman will provide big benefits to middle class and salaried employees.
Budget 2025: The middle class of the country rejoiced after hearing the budget, salary up to 12 lakhs is tax-free; how much loss will the government incur?
Finance Minister Nirmala Sitharaman has made a big announcement for taxpayers while presenting the budget today. The Finance Minister said that income up to Rs 12 lakh will be completely tax-free. The middle-class people of the country have breathed a sigh of relief with this announcement of the Finance Minister.
Union Budget 2025: Big relief for middle class as no income tax payable upto income of Rs 12 lakh, says FM
In a big bonanza for salaried taxpayers, Finance Minister Nirmala Sitharaman announced that there will be no income tax to be paid for income levels up to Rs 12 lakh. Income Tax Budget 2025 Live: What are the income tax slabs,
Ahead of Budget 2025, India's middle class seeks tax relief, youth hope for jobs
As the Union Budget 2025-26 approaches, Indians are eagerly anticipating relief from income tax slabs and solutions for farmers and unemployment issues. Union Finance Minister Nirmala Sitharaman is set to present the budget today,
Budget 2025 Income Tax Slab: Tax Slab under New Regime for AY 2025-26; Check All Details Here!
The Budget 2025 is set to introduce significant changes to the income tax slabs, particularly benefiting the middle class.
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Union Budget 2025: No Income Tax To Those Earning Upto Rs 12 lakh- Top Highlights Of Nirmala Sitharaman's Speech
Nirmala Sitharaman gave the middle class a huge boost when she declared that anyone earning up to Rs 12 lakh would not be ...
Budget 2025: Income Tax and GST rates should be halved, says 'disappointed' Arvind Kejriwal
The former Delhi Chief Minister said that a large portion of the public exchequer is spent on the loan waivers for ...
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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 ...
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FM’s Tax Gift: Will Budget 2025 Fuel India’s Consumer Economy?
The Budget 2025 is being seen as an important step to revive the slackening urban consumption in India and thereby help ...
INDIA BUDGET India cuts income tax in a bid to boost consumption
India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...
Income Tax Budget 2025 LIVE Updates: All eyes on tax rates as FM Sitharaman set to present her 8th consecutive budget
Stay tuned for live updates as FM Sitharaman presents her eighth Union Budget 2025. Follow our live coverage for all the ...