Marginal relief is available to resident individuals whose income exceeds ₹12 lakh but does not exceed ₹12.75 lakh. If a ...
The Budget strikes a fine balance between fiscal discipline and economic growth, while equally focusing on improving the ...
The government on Saturday said the old tax regime will continue. But with the changes announced in Budget 2025, does it ...
The Union Budget 2025 introduces significant changes to India's income tax structure, offering substantial relief to salaried ...
At a single stroke, 70 million taxpayers have been wholly unburdened by the budget and the middle class has seen a ...
It was under then Prime Minister and Congress leader Indira Gandhi that India saw the highest tax rate of 97.5% in 1973-74.
Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...
According to the FAQs issued by the government, in the new regime under Section 115BAC(1A), marginal relief is available to ...
Until now, ambiguity surrounded the tax treatment of ULIPs where premiums exceeded certain thresholds, creating confusion for ...
To the relief of middle-class tax payers, Finance Minister Nirmal Sitharaman announced a new tax slab during the Union Budget ...