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There will be no tax on income up to Rs 12 lakh, more than 90% taxpayers can adopt the new tax regime: CBDT Chairman..Chairman Ravi Agarwal has said that after the announcement of changes in tax slabs in the budget, more than 90% of taxpayers ...
Without going into the sections, proviso and the clause 2, 20 and 24 of the Finance Bill 2025, some situations are rendered here for the applicability and availability of the Sec 87A rebate both under ...
A key highlight this Budget for middle-class and salaried taxpayers is the exemption of income tax for those earning up to Rs ...
By Nidhi Jacob On February 1, 2025, Union Finance and Corporate Affairs Minister Nirmala Sitharaman announced that the nil ...
With no tax for income under ₹12 lakh, you have a higher incentive to opt for the new tax regime. This means your incentive to invest in tax saving instruments is lower than it ever was. Should you, ...
Individuals having taxable income of Rs 12 lakh will not required to pay any tax from FY 2025-26. However, there can be ...
This Budget, FM Sitharaman tweaked the tax slabs in a manner that would benefit taxpayers in higher salary brackets as well, ...
Latest income tax slabs 2025-26 post Budget 2025: Finance Minister Nirmala Sitharaman announced zero tax for individuals ...
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 ...
Ernst and Young (EY) has identified key trends shaping Qatar’s tax landscape, including the newly introduced 15% global ...
New system's simplicity, reduced tax liability, increased disposable income potential 'make it a formidable alternative' ...
Some part could be used for consumption purposes, and the rest could be used to meet important financial goals.' 'The split ...
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