Scrapping archaic provisions and simplifying language are welcome. But systemic issues affecting taxpayer morale must also be ...

These slabs apply to individuals, Hindu Undivided Families (HUFs), and associations, and are updated periodically to reflect ...

Finance Minister Nirmala Sitharaman overhauled income tax rates and slabs in Budget 2025-26 to bring relief to the salaried ...

This raises a crucial question: can India transition to a single tax rate, and if so, would it lead to a simpler, more equitable system? A closer look at the income tax return statistics released ...

In a major relief for the middle class, Finance Minister Nirmala Sitharaman announced that individuals earning up to Rs 12 ...

Finance Minister Nirmala Sitharaman announced new tax slabs in the new tax regime 2025, so there will be no income tax for ...

Finance Minister Nirmala Sitharaman in her Union Budget 2025 speech today announced a new tax slab that has been refreshed ...

The government has revised the tax structure under the new regime with Finance Minister Nirmala Sitharaman announcing that ...

Latest Income Tax Slabs, Rates In Budget 2025: Union Finance Minister Nirmala Sitharaman announced massive income tax relaxations in the first full budget as expected by the people. The Central ...

Tax on subsequent amount of 4 lakh (from 4 lakh to 8 lakh) Rs 20,000 (being 5% of Rs 4 lakh) Tax on subsequent amount of 4 lakh (from 8 lakh to 12 lakh) Rs 40,000/- (being 10% of Rs 4 lakh) Tax on ...

Union Finance Minister (FM) Nirmala Sitharaman, who presented her eighth consecutive Union Budget on February 1, streamlined ...

Ans. Earlier the limit of income for nil tax payment was Rs 7 lac. By increasing this limit to Rs 12 lakh around one crore assessees who were earlier required to pay tax varying from Rs 20,000 to Rs ...