Not only did she increase the income cap for no tax from Rs 7 lakh to 12 lakh, she has also changed the income tax slabs under the New Tax regime. Under the new tax regime, there is no tax till Rs ...
Those earning up to Rs 12 lakh annually won't have to pay any income tax under the new regime. Add to it the standard deduction of Rs 75,000 and taxpayers with up to Rs 12.75 lakh annual income ...
New Delhi: Individuals earning up to Rs 12 lakh annually will not have to pay any income tax under the new tax regime as Finance Minister Nirmala Sitharaman on Saturday gave relief to middle class ...
Under the revised New Income Tax Regime 2025, the tax-free income limit extends to Rs 12.75 lakh when factoring in the standard deduction. You can calculate your exact tax liability and potential ...
The answer largely depends on an individual’s income level. For instance, if someone earns up to Rs 7.5 lakh annually, they are better off under the New Tax Regime, as they won’t have to pay ...
Finance Minister Nirmala Sitharaman on Saturday announced that there would be no income tax payable for income up to Rs 12 lakh per annum under the new regime. The limit would be Rs 12.75 lakh for ...
The adjustments are expected to result in savings ranging from Rs 80,000 to Rs 1.20 lakh for the middle-class earners. The Minister expanded the structure of the New Tax Regime by extending the ...
On February 1, Finance Minister Nirmala Sitharaman relieved individual income taxpayers by increasing the income tax rebate limit from Rs 7 lakh to Rs 12 lakh. Experts said this move will ...
“The alternate investment fund for startups has received commitments of more than Rs 91,000 crore. These are supported by the fund of funds set up with the government of India's contribution of ...
Sheep grazing in New Zealand. New Zealand’s Foreign Minister Winston Peters on Saturday attacked US Senator Ted Cruz (R-TX) for spreading “fake news” regarding New Zealand’s immigration ...
WELLINGTON, Jan 31 (Reuters) - New Zealand said late on Thursday that it would make a commitment that by 2035 the country would have reduced emissions by 51% to 55% compared to 2005 levels.