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Income Tax, Union budget of India
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 rising from Rs 7 lakh to Rs 12 lakh. “Individuals without exemptions or deductions will benefit the most as the slabs have been rationalised,” says Chandna.
No tax for up to Rs 12.75 lakh income for salaried under new tax regime as Section 87A tax rebate hiked in Budget 2025
Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through the tax rebate than changing the tax slabs. This is because to get this tax rebate under section 87A you need to file Income Tax Return (ITR).
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.
A Deep dive into Union Budget 2025 | Income tax slab | Middle class | New tax regime
Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26 on February 1. The Budget addresses four key areas: stimulating private consumption, continuing fiscal consolidation.
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
Will big tax relief for the middle-class spur growth? Industry titans share views
Prime Minister Narendra Modi hailed the Union Budget 2025 and said that tax relief given by Finance Minister Nirmala Sitharaman will provide big benefits to middle class and salaried employees.
Budget 2025: The middle class of the country rejoiced after hearing the budget, salary up to 12 lakhs is tax-free; how much loss will the government incur?
Finance Minister Nirmala Sitharaman has made a big announcement for taxpayers while presenting the budget today. The Finance Minister said that income up to Rs 12 lakh will be completely tax-free. The middle-class people of the country have breathed a sigh of relief with this announcement of the Finance Minister.
Union Budget 2025: Big relief for middle class as no income tax payable upto income of Rs 12 lakh, says FM
In a big bonanza for salaried taxpayers, Finance Minister Nirmala Sitharaman announced that there will be no income tax to be paid for income levels up to Rs 12 lakh. Income Tax Budget 2025 Live: What are the income tax slabs,
Ahead of Budget 2025, India's middle class seeks tax relief, youth hope for jobs
As the Union Budget 2025-26 approaches, Indians are eagerly anticipating relief from income tax slabs and solutions for farmers and unemployment issues. Union Finance Minister Nirmala Sitharaman is set to present the budget today,
Big boost to the middle class: tax rebate on incomes up to Rs 12 lakh announced in Budget 2025
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Income Tax Budget 2025 LIVE: Big tax changes ahead? Will FM Sitharaman provide a booster dose to salaried taxpayers?
Stay tuned for live updates as FM Sitharaman presents her eighth Union Budget 2025. Follow our live coverage for all the details ...
2h
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.
3h
Revised Income Tax Slabs: Key Differences Between Old and New Regimes Explained After Budget 2025
Nirmala Sitharaman's eighth consecutive Budget is the relief for middle-class salaried taxpayers, though the revised tax ...
Indiatimes
20h
Budget 2025 income tax: Raise 30% income tax slab; provide flat 30% deductions on gross income - here’s why
Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30%
income
tax
threshold to ₹18 lakh in Union
Budget
2025
, restructure the
tax
brackets, and introduce ...
inc42
2h
FM’s Tax Gift: Will Budget 2025 Fuel India’s Consumer Economy?
The Budget 2025 is being seen as an important step to revive the slackening urban consumption in India and thereby help ...
10h
INDIA BUDGET India cuts income tax in a bid to boost consumption
India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...
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Nirmala Sitharaman
Minister of Finance
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