Happy With Income Tax Announcements In Budget 2025? Here's How Much It Will Cost Centre
Despite the announced cuts in income tax rates, the Centre has projected a significant increase in gross income tax receipts for the financial year 2025-26. The budgeted receipts for 2025-26 are set at Rs 14.38 lakh crore, marking a 21.1% increase compared to the revised estimate of Rs 12.57 lakh crore for 2024-25.
Budget 2025 Income Tax Slabs and Rates Explained
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 ranging from 5% to 30% for higher income brackets.
New vs old income tax regime after Budget 2025: Post income tax slab changes, which tax regime is better for salaried middle class taxpayers?
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant income tax relief for the midd
Income Tax Slab Budget 2025-26 Update: FM Sitharaman says New Income Tax Bill to be introduced...
Union Finance Nirmala Sitharaman while presenting Union Budget 2025-26 said the government will introduce a New Income Tax Bill next week
Budget 2025: No Income Tax up to Rs12 Lakh, big relief for middle class; Netizens react with memes
Under the revised New Income Tax Regime for 2025, no income tax will be payable on income up to Rs12 lakh. With the inclusion of the standard deduction, the tax-free income limit extends to Rs12.75 lakh.
Takeaways From India's Budget That Slashes Income Tax on the Salaried Middle Class to Spur Growth
Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and
India’s 2025-26 Budget focuses on job creation; new income tax bill next week
Dubai: India is hoping to rev up higher growth and job creation with a budget that focuses on offering easier – and more - access to funds for small and mid-sized businesses as well as startups. These will ‘generate employment for youth’ as MSMEs get better access to credit,
Budget 2025 Income Tax Slab: Tax Slab under New Regime for AY 2025-26; Check All Details Here!
Learn about the new and old tax regimes, including tax rates and surcharges applicable to various income levels.
Budget 2025 LIVE updates: Nirmala Sitharaman will introduce Income Tax bill next week
Budget 2025 LIVE updates: Union Finance Minister Nirmala Sitharam's budget speech begins and will be introducing Income Tax ...
Budget 2025: Will income tax slab change impact your take-home salary? 5 things employees must know
Employees earning up to Rs 13 lakh can now save income tax over and above the Rs 12 lakh income limit as there is a standard ...
Budget 2025: Tax-free income limit under new regime rises to Rs 12 lakh
Budget 2025 benefits individuals across income levels, especially those earning up to Rs 12 lakh, with the tax-free threshold ...
Budget 2025 Key Highlights: FM Nirmala Sitharaman's gift to middle class, ‘No Income tax for upto ₹12 lakh…’
FM Nirmala Sitharaman's announcement on February 1 brings a gift for the Indian middle class with no tax payable up to ₹12 ...
Budget 2025 Income Tax calculator explained: Save up to Rs 1.1 lakh! How income tax slab changes will benefit taxpayers at different salary levels under new regime
All income tax slabs and rate changes have been announced under the new income tax regime - and the biggest takeaway is that ...