Budget 2025: No income tax upto ₹12 lakh income. Here’s how much you will save
Standard deduction has been raised from the current ₹25,000 to 60,000 now and tax rebate under section 87A which was ₹25,000 has now been raised to ₹60,000
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.
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Income Tax Budget 2025 LIVE: How much will middle-class save with new tax regime? Here's the math
In Budget 2025, Finance Minister Nirmala Sitharaman announced significant changes to the income tax structure, particularly under the new tax regime. The tax slabs have been adjusted to benefit low- a
Takeaways from India's budget that slashes income tax on the salaried middle class to spur growth
Indian Prime Minister Narendra Modi’s government presented an annual budget to Parliament on Saturday that focused on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and manufacturing.
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, which is projected to grow at its slowest pace in four years.
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!
The Budget 2025 is set to introduce significant changes to the income tax slabs, particularly benefiting the middle class.
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Union Budget 2025: No Income Tax To Those Earning Upto Rs 12 lakh- Top Highlights Of Nirmala Sitharaman's Speech
Nirmala Sitharaman gave the middle class a huge boost when she declared that anyone earning up to Rs 12 lakh would not be ...
Budget 2025: Income Tax and GST rates should be halved, says 'disappointed' Arvind Kejriwal
The former Delhi Chief Minister said that a large portion of the public exchequer is spent on the loan waivers for ...
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 ...
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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 ...
Union Budget 2025: Why you can't get benefit of tax rebate on capital gains, lotteries
Budget 2025 clarifies that the tax rebate will no longer apply to income from capital gains or other sources taxed at special ...
Income Tax Budget 2025 LIVE Updates: All eyes on tax rates as FM Sitharaman set to present her 8th consecutive budget
Stay tuned for live updates as FM Sitharaman presents her eighth Union Budget 2025. Follow our live coverage for all the ...