Budget 2025 Highlights: Union Finance Minister Nirmala Sitharaman is presenting her eighth budget under the leadership of Prime Minister Narendra Modi in the Parliament today. Starting off her speech, ...
People with incomes of up to Rs 12 lakh will not have to pay a single rupee in income tax ... 5 per cent for income between Rs 4 and 8 lakh, 10 per cent for Rs 8-12 lakh, 15 per cent for Rs 12-16 lakh ...
Reaffirming Government’s commitment to the philosophy of “trust first, scrutinize later”, the Union Budget 2025-26 has reposed faith in the Middle class and continued the trend of giving relief in tax ...
Period of incorporation to be extended by 5 years to allow tax benefits to startups incorporated before 1.4.2030 0-4 lakh rupees: Nil Forum for regulatory ... Scheme to be raised from Rs 7 lakh to Rs ...
Today was a day of celebration for the middle class as Finance Minister Nirmala Sitharaman presented a landmark Union Budget. The income tax reforms introduced in the budget are among the biggest in ...
The move will significantly benefit salaried taxpayers as this limit will be Rs 12.75 lakh rupees for them (with ... for income between Rs 4 and 8 lakh, 10 per cent for Rs 8-12 lakh, 15 per ...
The first leg of the Budget Session began on January 31 and will end on February 13 while the second leg will begin on March 10 and end on April 4. FM said that nil tax slab will apply for annual ...
In her 8th consecutive Budget speech, Finance Minister Nirmala Sitharaman introduced significant changes to the Income Tax slabs, especially benefiting salaried individuals. As she announced that ...
For salaried taxpayers, the limit is rupees 12.75 lakh with standard deduction of rupees 75,000. "The middle class provide strengths to the economy. In recognition of their contribution ...
0 to 4 lakh rupees nil, 4 to 8 lakh rupees 5%, 8 to 12 lakh rupees 10%, 12 to 16 lakh rupees 15%, 16 to 20 lakh rupees 20%, 20 to 24 lakh rupees 25% and above 24 lakh rupees 30%. By freeing an ...
Reaffirming the government’s commitment to the philosophy of “trust first, scrutinize later”, the Union Budget 2025-26 has reposed faith in the middle class and continued the trend of giving relief in ...