Finance Minister Nirmala Sitharaman has announced changes to the income tax slabs in the new regime. As per the changes, ...
Under the new tax regime, individuals with a total income up to ₹7 lakh do not have to pay any tax due to rebate. The finance ministry said the rebate for individuals under the ...
The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...
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 help determine ...
Union Finance Minister Nirmala Sitharaman is set to make history today as she presents her eighth consecutive Union Budget ...
The government today cut personal income tax rates for some sections of taxpayers in a bid to boost consumption.
New Income Tax Slabs: Union finance minister Nirmala Sitharaman on Saturday ... The new tax regime, which was brought in the year 2020, offers slightly lower rates but doesn't allow for exemptions.
The income tax slab of 30% has remained at Rs 15 lakh since 2020. However, the Cost Inflation Index (CII) has increased by 21% during this period.
With Finance Minister Nirmala Sitharaman announcing big rebates for taxpayers in the middle-income group under the new tax regime, many are left wondering if the government plans to scrap the old tax ...
There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.
New income tax slabs: Nirmala Sitharaman made a historic ... The new tax regime, which was brought in the year 2020, offers slightly lower rates but doesn't allow for exemptions.