Budget 2025 income tax slab changes FY 2025-26: Finance Minister Nirmala Sitharaman presented Budget 2025 addressing the middle class by increasing the rebate limit under Section 87A to INR 12 ...

Individuals can claim two self-occupied properties as NIL taxable income. TDS on rent limit increased from ₹2.4 lakh to ₹6 lakh, reducing compliance for small landlords. Threshold for senior ...

No income tax upto ₹12 lakh under new regime. Effectively, under the new tax regime considering the erstwhile standard deduction of ₹75,000, income of up to ₹12.75 would have no income tax ...

Finance Minister Nirmala Sitharaman announced significant tax relief for the middle-class in her Budget 2025-26 speech, declaring that individuals earning up to ₹12 lakh annually will be exempt from ...

The new tax regime will now feature a ‘nil tax’ slab up to ₹12 lakh for individuals, and ₹12.75 lakh for salaried taxpayers with a standard deduction of ₹75,000. This reform aims to ease the financial ...

In a move that brings some respite to the business community, oil marketing companies have lowered the prices of 19 kg commercial LPG cylinders across India. Effective Saturday, this price adjustment ...

Macy Meyer is a North Carolina native who graduated from UNC-Chapel Hill with a BA in English and a second BA in Journalism. Macy is a Writer on the CNET How-To team, covering a variety of topics ...

People will be expecting tax relief in Budget 2025 from Union Finance Minister Nirmala Sitharaman. PTI Union Finance Minister Nirmala Sitharaman is set to present her eighth consecutive budget today ...

Here are five key takeaways from India's union budget: In a major relief to millions of taxpayers, the government has raised income tax exemption limits, making earnings of up to 1.2m rupees ($ ...

In a letter to the PM, the PBC, while acknowledging his government's efforts to stabilise economy, recommended not to change tax policies for real estate. It, however, supported facilitation for ...

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 a ...