By Nidhi Jacob On February 1, 2025, Union Finance and Corporate Affairs Minister Nirmala Sitharaman announced that the nil ...

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," ...

The new tax structure announced in the Union Budget 2025 aims to ease the financial burden of the middle class, enhancing their disposable income and giving a boost to their consumption levels.

The GST Council will soon take a decision on having fewer and lower rates as the review work is almost complete, Finance ...

Finance Minister Nirmala Sitharaman raised the nil income tax slab to ₹12 lakh for salaried individuals. This entails a tax ...

A fintech enthusiast's X post claiming that anything less than Rs 60 lakh per annum is "poor" has sparked a discussion online ...

Countering Opposition barbs about being a ‘suit-boot ki sarkar’, the government on Monday informed the Lok Sabha that the ...

Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...

New tax regime benefits individuals earning 12-24 lakh rupees annually, saving up to 1.1 lakh rupees in income tax.

By investing in NPS and applying standard deduction of Rs 75,000, taxpayers earning Rs 13.7 lakh salary can pay zero tax; ...

All in all, the Budget reforms for taxpayers were meant to reduce the burden and give the opportunity to hold more money in ...

CBDT Chairman Ravi Agrawal the motivation behind the rejig of the tax slabs was to provide substantial relief to the middle class.