Tax Slabs
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"You Aren't Rich If...": X User Says Anything Less Than Rs 60 Lakh Is Poor, Sparks Debate Online
A fintech enthusiast's X post claiming that anything less than Rs 60 lakh per annum is "poor" has sparked a discussion online.
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"Budget Responded To People's Voice": Nirmala Sitharaman
The 2025 Union Budget - which contained big-ticket announcements on revised income tax slabs and an increase to rebate ceiling, from Rs 7 lakh to Rs 12 lakh - was a response to the voice of the people, Finance Minister Nirmala Sitharaman said.
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Tax Breakdown: How Much Relief Will Those Earning Up To Rs 25 Lakh Get
The government has revised the slabs and rates under the new regime to reduce taxes and leave taxpayers with more money in their hands. The government believes this will help domestic consumption and boost savings and investment.
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Budget 2025 Live: New Income Tax Slabs - How Much Do You Save?
Finance Minister Nirmala Sitharaman in her Union Budget 2025 speech today announced a new tax slab that has been refreshed across the board.
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Big Budget Boost For Middle Class: No Income Tax Up To Rs 12 Lakh
Giant Tax Relief For Middle Class: No Income Tax On Income Up To Rs 12 Lakh
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New Regime Or Old Regime - Which Income Tax Slab Works Best For You?
The income tax system in India operates through a progressive slab structure. The amount of tax an individual pays is directly proportional to their income in a financial year.
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Union Budget 2025: Tax Deduction Terms You Should Know Ahead Of Budget
Tax Deductions: A tax deduction is an expense or expenditure that can be subtracted from an individual's or business's total income, resulting in a lower taxable income.
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Will Old Tax Regime Be Scrapped Next Year? What Finance Minister Said
There is no decision yet on when the old tax regime will be scrapped, Finance Minister Nirmala Sitharaman said Tuesday afternoon, after presenting the 2024 Union Budget in Parliament.
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"Save As Much As Rs 17,500": Finance Minister on New Tax Regime Slabs
Standard deduction in the new tax regime will be increased from Rs 50,000 to Rs 75,000, Finance Minister Nirmala Sitharaman said Tuesday as she announced the 2024 Union Budget.
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"No New Change In Tax Regime": Government Explains What Changes From Today
In a detailed note, the ministry explained that the new tax regime has low rates but fewer exemptions and deductions.
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No Tax Change, "Developed India By 2047" Mantra In Last Budget Before Polls
There will be no change to income tax slabs, Union Finance Minister Nirmala Sitharaman said Thursday morning, as she read out a statement of the country's finances in a special session of Parliament.
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Income Tax New Regime - Will It Save You Money? Here's How You Can Calculate Online
The official government income tax calculator 2020 is here and it allows you to find out which tax regime is better for you and how much tax you save.
-
Current Income Tax Slabs, Rates And Other Details
In Budget 2018, the Finance Minister proposed no change in income tax slab and tax rates for individuals for FY 2018-19.
-
Income Tax Slabs/Rates For FY 2017-18 And Useful Income Tax Deductions
Income tax slabs for FY17-18: For senior citizens the basis income tax exemption limit is Rs 3 lakh and for super senior citizens, Rs 5 lakh.
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How Much Will You Pay To Eat Out? GST Council Fixes Service Tax Rates
The Goods and Services Tax (GST) Council on Friday fixed the tax slabs that will kick in when India's biggest tax reform comes into force from 1 July in a way that will make sure that the new tax rates do not raise prices. The council has told the government to exempt healthcare and education from the new tax that will replace a bundle of central a...
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"You Aren't Rich If...": X User Says Anything Less Than Rs 60 Lakh Is Poor, Sparks Debate Online
A fintech enthusiast's X post claiming that anything less than Rs 60 lakh per annum is "poor" has sparked a discussion online.
-
"Budget Responded To People's Voice": Nirmala Sitharaman
The 2025 Union Budget - which contained big-ticket announcements on revised income tax slabs and an increase to rebate ceiling, from Rs 7 lakh to Rs 12 lakh - was a response to the voice of the people, Finance Minister Nirmala Sitharaman said.
-
Tax Breakdown: How Much Relief Will Those Earning Up To Rs 25 Lakh Get
The government has revised the slabs and rates under the new regime to reduce taxes and leave taxpayers with more money in their hands. The government believes this will help domestic consumption and boost savings and investment.
-
Budget 2025 Live: New Income Tax Slabs - How Much Do You Save?
Finance Minister Nirmala Sitharaman in her Union Budget 2025 speech today announced a new tax slab that has been refreshed across the board.
-
Big Budget Boost For Middle Class: No Income Tax Up To Rs 12 Lakh
Giant Tax Relief For Middle Class: No Income Tax On Income Up To Rs 12 Lakh
-
New Regime Or Old Regime - Which Income Tax Slab Works Best For You?
The income tax system in India operates through a progressive slab structure. The amount of tax an individual pays is directly proportional to their income in a financial year.
-
Union Budget 2025: Tax Deduction Terms You Should Know Ahead Of Budget
Tax Deductions: A tax deduction is an expense or expenditure that can be subtracted from an individual's or business's total income, resulting in a lower taxable income.
-
Will Old Tax Regime Be Scrapped Next Year? What Finance Minister Said
There is no decision yet on when the old tax regime will be scrapped, Finance Minister Nirmala Sitharaman said Tuesday afternoon, after presenting the 2024 Union Budget in Parliament.
-
"Save As Much As Rs 17,500": Finance Minister on New Tax Regime Slabs
Standard deduction in the new tax regime will be increased from Rs 50,000 to Rs 75,000, Finance Minister Nirmala Sitharaman said Tuesday as she announced the 2024 Union Budget.
-
"No New Change In Tax Regime": Government Explains What Changes From Today
In a detailed note, the ministry explained that the new tax regime has low rates but fewer exemptions and deductions.
-
No Tax Change, "Developed India By 2047" Mantra In Last Budget Before Polls
There will be no change to income tax slabs, Union Finance Minister Nirmala Sitharaman said Thursday morning, as she read out a statement of the country's finances in a special session of Parliament.
-
Income Tax New Regime - Will It Save You Money? Here's How You Can Calculate Online
The official government income tax calculator 2020 is here and it allows you to find out which tax regime is better for you and how much tax you save.
-
Current Income Tax Slabs, Rates And Other Details
In Budget 2018, the Finance Minister proposed no change in income tax slab and tax rates for individuals for FY 2018-19.
-
Income Tax Slabs/Rates For FY 2017-18 And Useful Income Tax Deductions
Income tax slabs for FY17-18: For senior citizens the basis income tax exemption limit is Rs 3 lakh and for super senior citizens, Rs 5 lakh.
-
How Much Will You Pay To Eat Out? GST Council Fixes Service Tax Rates
The Goods and Services Tax (GST) Council on Friday fixed the tax slabs that will kick in when India's biggest tax reform comes into force from 1 July in a way that will make sure that the new tax rates do not raise prices. The council has told the government to exempt healthcare and education from the new tax that will replace a bundle of central a...
