If you live in one of nine specific states, however, you're likely to see your take-home pay increase a bit, after lawmakers ...

Finance Minister Nirmala Sitharaman has brought big cheer for middle class taxpayers - it’s a bonanza like never b ...

Check the updated income tax slabs, rates, and deductions announced in Union Budget 2025-26. Compare the new tax regime with ...

NEW DELHI: India plans to cut personal income tax rates to boost middle-class spending power ... down from a revised 4.8pc of GDP in the current year. The government will borrow 14.82 trillion Indian ...

The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...

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.

The changes have been proposed under the new tax regime. The finance minister also proposed new income tax bill, which she ...

The Union Budget for the financial year 2025-26 was tabled in the Parliament by Finance Minister Nirmala Sitharaman earlier ...

This will reduce the number of transactions liable to TDS, thus benefitting small taxpayers receiving small payments, the finance minister added.

Budget 2025 saw major income tax changes with FM Nirmala Sitharaman announcing new income tax slabs and income tax rates for FY 2025-26. Middle class salaried taxpayers will find big reason to cheer ...

The government, however, continued to improve its finances, targeting a fiscal deficit of 4.4% of GDP in 2025-26, down from a revised 4.8% of GDP in the current year. The government will borrow 14.82 ...

Republican and Democratic legislative leaders say they prefer alternatives to the governor’s proposed cut to the state’s ...