Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the ...
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For senior citizens, banks will now deduct TDS if interest amount exceeds Rs 1 lakh in a particular bank. However, with smart ...
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Hosted on MSNTax Tips: Has the old tax regime become useless in front of the new one? No, the old is still better for these people..Do you know that a large part of your earnings goes in the form of tax? But now this will not happen! The central government has made such changes in the new tax system that will leave more money in ...
The government introduced a new tax regime of lower tax rates in Budget 2020, which continues in FY 2025-26. In Budget 2025, the government pushed for the adoption of the new tax regime of lower tax ...
Central Board of Direct Taxes (CBDT) has clarified that marginal relief applies to incomes up to Rs 12.75 lakh. This means ...
India's Union Budget 2025-26 introduces several revisions to taxation policies, besides provisions for focus industries and ...
A deadline had been set for 5 pm ET last Friday, January 31, for removal of this material. Asked if government websites would ...
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...
The announcement of the 2025 Union Budget brought relief to many taxpayers, particularly those with an income of up to ₹12 ...
“For a person earning Rs 12,10,000, in the absence of marginal relief, the tax would amount to ₹61,500 (5% of ₹4 lakh + 10% ...
Prime Minister Narendra Modi expressed confidence in BJP forming the next government in Delhi, criticizing AAP's governance ...
Nirmala Sitharaman made a historic announcement that there will be no income tax payable for those with an income upto ₹12 lakh.
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