Sitharaman announced that individuals earning up to Rs 12 lakh would be exempt from income tax. For the salaried class, there will be no income tax for earnings up to Rs 12.75 lakh per annum, thanks ...
Summary: Budget 2025 introduces significant changes to income tax slabs under the new tax regime for individuals. Key highlights include tax-free income up to ₹4,00,000, and progressive tax rates ...
Budget 2025 doubles the TDS threshold on interest income for senior citizens from ₹50,000 to ₹1 lakh. Learn how this impacts cash flow, tax compliance, and whether it reduces tax liability. Read exper ...
FM Sitharaman announced that taxpayers with normal income up to Rs 12 lakh (excluding special rate income like capital gains) will receive a tax rebate in addition to the benefit from the reduction in ...