New income tax slabs for FY 2025-26: 30% tax now starts at Rs 24 lakh, income up to Rs 20 lakh to be taxed at 20% in Budget 2025
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...
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A Flat Income Tax Removes the Need for the IRS
A flat tax would reduce the IRS' workload, allowing for tax collection with only a fraction of the current 100,000 IRS ...
Income Tax Slabs 2025: No income tax upto Rs 12 lakhs, check new income tax regime AY 2025-26 here
FM Nirmala Sitharaman announced major income tax relief, with no tax payable on income up to Rs 12 lakh. New tax regime to be ...
NO income tax till ₹12 lakh: A look at the new tax slabs vs. current tax slabs
Union Budget, focusing on tax relief for the middle class. Key changes include no tax on income up to Rs. 12 lakh and revised tax slabs to increase disposable income and stimulate economic growth.
Income Tax Slabs 2025 Live: Check New Tax Regime vs Old Tax Regime changes, tax liability, standard deductions and more
Latest News Today: The Union Budget FY26 brought substantial tax relief for the middle class. According to Finance Minister Nirmala Sitharaman, the income tax rebate under the new tax regime has been ...
Income Tax Budget 2025 LIVE: Who is likely to benefit most from FM Nirmala Sitharaman's tax slab change?
Finance Minister Nirmala Sitharaman in Budget announced new tax slabs in the new tax regime 2025, making it so that there is ...
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A look at current income tax rates and deductions ahead of Budget 2025
Individual taxpayers, who saw limited changes in the July 2024 Budget, are now hopeful for meaningful reforms to reduce ...
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Income Tax Slabs 2025 LIVE Updates: India Inc welcomes the new income tax bill, relaxation in TCS, TDS regulations
Finance Minister Nirmala Sitharaman has announced that under the new income tax regime, nil tax slab has been raised from ₹7 ...
Should you choose new tax regime over old? All your questions on income tax answered
Are you left scratching your head about the changes in tax slabs in the new regime announced in Union Budget 2025? Wondering ...
Tax Slab Expectations: Meaningful tax relief, basic exemption limit to Rs 5 lakh, slash number of TDS rates in Budget 2025
The current income tax slabs introduced for FY 2024-25 were designed to alleviate the tax burden on average taxpayers.
Revised income tax slabs: How much do you save? Calculation of benefits
The finance ministry said the rebate for individuals under the new regime should be increased so that they do not pay tax if their total income is up to ₹ 12 lakh.