Amendments include a new income-tax bill, revised income tax slabs, and increased rebate thresholds under the Concessional Tax Regime, benefiting middle-class taxpayers. One of the major ...

But the Budget speech, which also announced revised tax slabs, has left many confused over ... she would have announced if this was the case. Top government officials said nearly 75 per cent ...

The Budget 2025 is set to introduce significant changes to the income tax slabs, particularly benefiting the middle class. Currently, the new tax regime features slabs where income up to ₹3 lakh ...

Income Tax 2025: Nirmala Sitharaman’s 2025 budget introduces a revamped tax structure, eliminating income tax for earnings up to Rs. 12 lakh. (REUTERS) Union Finance Minister Nirmala Sitharaman ...

Under the new slabs, taxpayers with Rs 12 lakh annual income will get a benefit of Rs 80,000 and those earning Rs 18 lakh will get a benefit of Rs 70,000, Ms Sitharaman told the parliament.

If the basic tax exemption up to Rs 5 lakh is introduced, adjustments in other tax slabs are expected. This move is likely to decrease the tax burden for individuals in higher income brackets.

The Budget did not make any changes to the tax rates or slabs in the old tax regime, making it unattractive. Taxpayers opting for the new tax regime are not allowed to claim deductions or rebates ...

Over the past decade, key changes have included higher exemption limits, revised tax slabs, and enhanced rebates ... and 121 remaining unchanged. Top losers on the Nifty included L&T, Bharat ...

with new dishes such as a roasted eggplant “pizza” (cherry tomatoes and mozzarella top slabs of eggplant) and vegan tacos stuffed with barbecue chickpeas and corn. “I suppose we’re going a ...

Union finance minister Nirmala Sitharaman on February 1, in a major boost to consumption, announced no tax liability for individuals with a salary of up to Rs 12 lakh. Sitharaman said the move ...