The government proposes increasing the TDS threshold on rent from Rs 2.4 lakh to Rs 6 lakh annually as announced by Finance Minister Nirmala Sitharaman in her Budget 2025 speech. This move aims to ...

The Union Budget 2025 unveiled a series of significant amendments to the Income Tax Act of 1961, which are set to take effect from 1st April 2025, marking the start of FY 2025-26. These ...

NEW DELHI: Amid expectations of a relief in income tax in the Budget, govt is keen to keep the new tax regime free of concessions, while it looks at raising the threshold and offering concessions ...

If you are a salaried-class individual and have an income of Rs 17,00,000, can your income be tax-free in the new tax regime? See calculations to know- ...

Income tax news: Big change in slab, check the new slab here Income tax slab revised by FM Nirmala Sitharaman in Budget 2025, no tax on income up to 12 Lakhs. Updated: February 1, 2025 12:40 PM IST ...

Govt proposes up to 4pc income tax cut for lower, middle-iIncome sectors. ... "Keeping this objective in mind, we have proposed a decrease in income tax across all slabs," he said.

The Government of India provides provisions for taxpayers to claim deductions and benefits from their taxable income or salary, and mandates to file income tax return (ITR) within a stipulated ...

Income Tax Slabs | Budget 2025: There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.

Budget 2025: Here are the income tax slabs, rates, and deductions announced by Finance Minister Nirmala Sitharaman in the Union Budget 2025. A comparison between the new and old tax regimes will ...

Finance Minister Sitharaman announces revised personal income tax slabs in Budget 2024: 5% for ₹3-7 lakh, 10% for ₹7-10 lakh, and 15% for ₹10-12 lakh; no taxes for income up to ₹3 lakh.

New Income Tax Slabs, TDS, & Rebate Reforms From April 1? All You Need To Know, Right Here Major changes to tax slabs, rebates, and TDS deductions in the 2025 budget will provide relief for middle ...

Income Tax Budget 2024 LIVE: Key expectations from the public include reductions in LPG and petrol prices, a revised income tax slab, and measures to control inflation. July 23, 2024 8:43 AM IST ...