In 2014, taxpayers were exempt from tax on income up to Rs 2 lakh. Budget 2025 has significantly expanded this relief to Rs ...

The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...

India offers two income-tax regimes: the older one with various exemptions and deductions, and a newer simplified regime with ...

Nirmala Sitharaman made a historic announcement that there will be no income tax payable for those with an income upto ₹12 lakh.

There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.

Finance Minister Nirmala Sitharaman has announced that under the new income tax regime, nil tax slab has been raised from ₹7 ...

The Union Budget for 2025-26, presented by Finance Minister Nirmala Sitharaman, introduced significant changes to India’s tax slabs. The minister announced that individuals earning up to Rs 12 lakh ...

Finance Minister Nirmala Sitharaman announced revised tax slabs and rates under the new regime to reduce the burden for all ...

During the Union Budget 2025 speech, Finance Minister Nirmala Sitharaman announced that people earning up to Rs. 12 lakh will ...

Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, ...

In the new tax regime, the revised tax rate structure is Rs 0-4 lakh (zero tax), Rs 4-8 lakh (5 per cent), Rs 8-12 lakh (10 ...

The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive growth in the world's fifth-largest economy, giving a huge relief to millions ...