The finance minister has announced a hike in tax rebate under Section 87A. Due to this hike, resident individuals having net taxable income up to Rs 12 lakh will pay zero tax. Salaried individuals ...

The government has put “substantial amount of money” in hands of people through rejig of I-T slabs in the Budget and an additional 1 crore people will pay no tax due to hike in tax rebate to Rs 12 ...

New Delhi: In a big relief to the Indian middle class, individuals earning up to Rs 12 lakh—or Rs 12.75 lakh with standard deductions—will now pay zero tax. Finance Minister Nirmala Sitharaman ...

Income Tax-Budget 2025: In the 2025 Union Budget, Finance Minister Nirmala Sitharaman provided much-needed relief to the middle class by introducing ... not exceeding Rs 12 lakh will be relieved ...

“To tax payers upto ₹12 lakh of normal income (other than special rate income such as capital gains) tax rebate is being provided in addition to the benefit due to slab rate reduction in such ...

Here are the latest updates: Big relief for middle class #UnionBudget2025 | "The middle class provide ... I am now happy to announce that there will be no income tax up to an income of Rs 12 ...

In a major relief to the middle class, Finance Minister Nirmala Sitharaman on Saturday announced in the Union Budget 2025 that individuals with an annual income of up to Rs 12 lakh will no longer ...

The TDP hailed the union budget's announcement of zero income tax up to Rs 12 lakh per annum as a 'historic relief' for the middle class. TDP spokesperson Jyothsna Tirunagari highlighted the benefits ...

Income up to Rs 12 lakh effectively tax-free under the new tax regime, benefiting salaried individuals and small businesses. TDS and TCS thresholds increased, reducing compliance burdens.

Minutes after Nirmala Sitharaman announced during her Union Budget speech that no income tax would be payable on income up to Rs 12 lakh ... showing the middle-class taxpayers celebrating ...