New income tax slabs for FY 2025-26: 30% tax now starts at Rs 24 lakh, income up to Rs 20 lakh to be taxed at 20% in Budget 2025
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income above Rs 15 lakh. However, the new tax regime offers limited deductions to taxpayers.
New vs old income tax regime after Budget 2025: Post income tax slab changes, which tax regime is better for salaried middle class taxpayers?
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant income tax relief for the midd
Income tax changes in Budget: Here at 10 things individual taxpayers should know
Sitharaman said this new structure will significantly reduce taxes for the middle class, putting more money in their hands, boosting household consumption, savings, and investment.
'Maybe abolishing income tax...': Finfluencer on the real cost of Budget 2025 for high earners in India
Shrivastava was responding to Shaadi.com founder Anupam Mittal, who highlighted that with this revision, almost 90% of tax filers in India earn below ₹13 lakh per annum, effectively leaving just one crore individuals to pay income tax.
Income tax relief for the middle class! Top 5 income tax changes from Budget 2025 you should know
Budget 2025 income tax slab changes FY 2025-26: Finance Minister Nirmala Sitharaman presented Budget 2025 addressing the middle class by increasing th
After FM Nirmala Sitharaman’s income tax relief in Budget 2025, will RBI also cheer the middle class with a rate cut?
The RBI is expected to cut the repo rate by 25bps in February, easing borrowing costs for the middle class. Analysts predict a total reduction of 100bps in the current cycle, fostering economic growth amid favorable inflation projections.
INDIA BUDGET India cuts income tax in a bid to boost consumption
India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, which is projected to grow at its slowest pace in four years.
Takeaways From India's Budget That Slashes Income Tax on the Salaried Middle Class to Spur Growth
Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and
Anupam Mittal on Budget 2025: 'India is Now Income-Tax-Free for Most'; No Income Tax Up to ₹12.75 Lakh
The Union Budget 2025 brought a groundbreaking announcement—income up to Rs 12.75 lakh will now be tax-free under the new tax regime. This major tax relief has sparked widespread reactions, with Shaadi.
India offers middle-class tax relief to support growth; targets narrower budget gap
By Shivangi Acharya and Nikunj Ohri NEW DELHI (Reuters) -India plans to cut personal income tax rates to boost middle-class spending power, Finance Minister Nirmala Sitharaman said on Saturday, as she announced an annual budget that also sought to increase private investment to strengthen growth.
Will big tax relief for the middle-class spur growth? Industry titans share views
Prime Minister Narendra Modi hailed the Union Budget 2025 and said that tax relief given by Finance Minister Nirmala Sitharaman will provide big benefits to middle class and salaried employees.
Income Tax Budget 2025 LIVE: Breaking down revised tax slabs; Here's how much more money you will have in your pocket
Stay tuned for live updates as FM Sitharaman presents her eighth Union Budget 2025. Follow our live coverage for all the ...
Tax Guru1d
Budget 2025 – Summary of Important Income Tax Proposals
Summary: The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, focused on reforms in taxation, agriculture, MSMEs, and exports. Direct tax proposals included no tax on incomes up to ...
Income tax on crypto currency: How did budget 2025 impact the taxation on virtual digital assets?
Income tax on cryptocurrency transaction. After Budget 2025 there is no change in taxation of cryptocurrencies as they ...
Union Budget 2025: New Tax Structure To Benefit 5.65 Cr Taxpayers, Who Will Collectively Save Around ₹1 Lakh Crore In Taxes, SBI Report
The new tax structure announced in the Union Budget 2025-26 is expected to benefit around 5.65 crore taxpayers who fall under ...
Tax Guru20h
Budget 2025: Analysis of proposed amendments in Income Tax & GST
In terms of GST-specific amendments, Budget 2025 also focused on pre-deposit amounts for GST appeals, reducing penalties for E-way bill violations and introducing a 10% penalty for other infractions.
Union Budget 2025: New tax slabs, extended limit to file updated ITR, and other key changes announced in this budget
The government has also raised the TCS exemption limit on Liberalised Remittance Scheme (LRS) transactions from Rs 7 lakh to ...
New vs old tax regime: Which income tax regime to choose, what should save your money? Read this to clear all your income tax confusions
If you are still confused about which tax regime to choose after Budget 2025 proposals, here is how to choose between the old ...
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Push for lower, middle-income households in Budget to roll private investment cycle: HDFC Bank
The Union Budget 2025's focus on supporting lower and middle-income households could help revive private investment in the ...