With the new tax slabs, the standard deduction of ₹75,000, over and above the ₹12 lakh limit under the new tax regime, furthers the agenda of driving up savings, investments and consumption.
In a big relief to the middle class, Finance Minister Nirmala Sitharaman announces major income tax cuts for the salaried class, with nil tax for those earning up to Rs 12 lakh a year. Fixed on Viksit ...
FM Nirmala Sitharaman announced a new tax bill, changed income tax slab, ITR extension, and more in Budget 2025. We take a look at the full list of key announcements.
Modi govt has made some big announcements including changes in the new tax regime with taxpayers not having to pay any income tax on earnings up to Rs 12 lpa ...
The recent Indian Union Budget presented by Finance Minister Nirmala Sitharaman brings significant tax relief to the middle class. Under the new tax regime, individuals with income up to ₹12 lakh will ...