Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...
The article examines the potential scrapping of the old income tax regime in the upcoming Budget 2025. It highl ...
With the Budget 2025 deadline nearing, the buzz is that the old income tax regime may be scrapped. Analysts point to the ...
Finance Minister Nirmala Sitharaman announced a revised income tax system in the Budget, exempting individuals earning up to ₹12 lakh from taxation and introducing new tax slabs.
Union Finance Minister Nirmala Sitharaman has proposed new income tax slabs with income up to Rs 12 lakh a year being tax ...
After raising the threshold of taxable income to 12.75 lakh from 7.5 lakh, Union Finance Minister Nirmala Sitharaman has said ...
Finance Minister Nirmala Sitharaman gave full tax relaxation for new regime taxpayers whose income is up to Rs 12 lakh. With this, she also revised the income tax rates for other income slabs. There ...
The government’s move to propose a new income tax law has reignited discussions, especially since no relief was announced for ...
Additionally, Sitharaman introduced revisions to income tax slabs to make taxation more progressive. Individuals earning up ...
The government is reportedly planning to incentivise the new tax regime, which has lower income tax rates but significantly fewer exemptions and deductions. According to the latest reports, Finance ...
Finance Minister Nirmala Sitharaman has announced a revised tax structure under the new regime that will reduce taxes and ...
The Finance Minister said that she has no plans to scrap the old tax regime. "I don't have any proposal to shut it down," ...