Finance Minister Nirmala Sitharaman’s Budget 2024 modified income tax slabs, favouring the new tax regime. The old regime, ...

Finance Minister Sitharaman revamped the income tax slabs in Budget 2024, enabling savings of up to ₹17,500. The standard ...

Budget 2025 is scheduled to be presented on February 1, 2025. The Budget will announce proposals for the FY 2025-26.

India's Finance Minister Nirmala Sitharaman will present the Union Budget on February 1, 2025, a day keenly awaited by ...

Experts are foreseeing a spectrum of proposals, from potential tax rate reductions to a complete overhaul of the taxation ...

A key expectation is the introduction of higher income tax exemptions to boost disposable income for middle-income households ...

Finance Minister Nirmala Sitharaman is urged by EY to raise the basic income tax exemption limit from Rs 3 lakh t ...

Experts anticipate measures to reduce tax rates, revise slabs, and simplify the overall tax regime. These changes could ...

One should note that there have been no modifications to the income tax rules, slabs, and rates in the Old Tax Regime.

Budget 2025-26 may offer tax benefits for incomes up to Rs 15 lakh, boosting disposable income and driving economic growth.