ITR filing: The zero-tax income threshold has been increased from Rs 7 lakh to Rs 12 lakh. Income Tax Slabs FY 2025-26 after Budget 2025: Finance Minister Nirmala Sitharaman’s big announcement that taxpayers will no longer have to pay tax for income up to Rs 12 lakh from FY 2025-26 onwards has been met with…
Budget 2025 income tax: The total income till which marginal relief is available is near about Rs. 12,75,000/-. Latest income tax slabs 2025-26 post Budget 2025: Finance Minister Nirmala Sitharaman announced ZERO or NIL tax liability for individuals earning up to Rs 12 lakh in the Union Budget 2025. For salaried individuals, including the standard…
This Budget is for aspirations of 140cr Indians… It’s a force multiplier… will increase savings…and growth —PM Modi Happy early Diwali. Or should we say, belated Happy New Year? Whatever your preferred greeting, here’s the takeaway — FM Nirmala Sitharaman Saturday unveiled a Budget bonanza for taxpayers, particularly the middle class, which has been reeling…
The FM also announced that a person with an annual income of Rs 18 lakh will get a benefit of Rs 70,000 in tax while persons with an annual income of Rs 25 lakh will get a benefit of Rs 1,10,000 in tax. Union Finance Minister Nirmala Sitharaman‘s presentation of Budget 2025-26 on Saturday has…
Budget 2025 income tax expectations: Recently, some significant changes in the new income tax regime. By Parizad SirwallaBudget 2025 income tax expectations: While the Union Budget 2025 is anticipated to provide further impetus on simplifications of existing tax provisions, there are heightened expectations for economic reforms aimed at reviving the declining consumption in response to…
