Finance Minister Nirmala Sitharaman in her Union Budget 2025 speech today announced a new tax slab that has been refreshed ...

Finance Minister Nirmala Sitharaman announced major changes related to credit guarantee, income tax, etc in Union Budget 2025 ...

Budget 2025 clarifies that the tax rebate will no longer apply to income from capital gains or other sources taxed at special ...

The FM also informed that taxpayers with income up to Rs 12 lakh will not have to pay any tax. However, this rebate is only applicable on basic income, excluding special income such as capital gains.

As per the updated structure, individuals earning up to Rs 12 lakh per annum will not have to pay any income tax, offering a ...

Finance Minister Nirmala Sitharaman overhauled income tax rates and slabs in Budget 2025-26 to bring relief to the salaried ...

Under the New Tax Regime, both individuals receiving a salary and pensioners can now benefit from a standard deduction of Rs ...

With Finance Minister Nirmala Sitharaman announcing big rebates for taxpayers in the middle-income group under the new tax ...

Only headline-worthy highlight will be income tax relief for middle class. Most audacious & positive statement? Intent to amend Atomic Energy Act & Civil Liability for Nuclear Damage Act.

The old tax regime, which remains unchanged in the 2025 Budget, allows taxpayers to claim various exemptions such as House Rent Allowance (HRA), deductions under Section 80C (like for life insurance ...

The initial budget for eight mega projects was $11.12 billion, which shot up to $18.64 billion due to graft and other irregularities ...

Despite an allocation of Rs 18,500 crore for SGBs in the FY25 Budget – down from Rs 26,852 crore in the interim Budget – no ...