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

The NDA government has implemented a range of incentives lately to promote the acceptance of the new tax regime. However, the ...

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," ...

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 ...

Latest income tax slabs 2025-26 after Budget 2025: FM Nirmala Sitharaman announced nil income tax for individuals earning up ...

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.

She added that the thought process behind revising the tax slabs was to simplify the tax process and make compliance easier for the taxpayers.

The new income tax law will be easier to understand, free of outdated provisions, and aims to encourage taxpayers to switch ...