Income Tax Changes
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Union Budget 2025-26: What Does It Offer Senior Citizens?
Union Finance Minister Nirmala Sitharaman on Friday proposed to double the limit for TDS on income interest, hike the threshold on rent and exempt withdrawals from National Savings Scheme (NSS) accounts from tax for senior citizens.
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Proposal Of Zero Tax Up To Rs 12 Lakh Per Year Visionary Step: Odisha Chief Minister
Odisha Chief Minister Mohan Charan Majhi on Saturday said the "zero income tax" up to Rs 12 lakh per annum, as proposed in the Union Budget 2025-26, is a visionary step and will empower citizens and strengthen the economy.
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No Income Tax Up To Rs 12 Lakh: Internet Flags Questions, Confusion
Finance Minister Nirmala Sitharaman announced revised tax slabs and rates under the new regime to reduce the burden for all taxpayers.
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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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What Is Direct Tax Code And How It Is Different From Income Tax Act, 1961
A set of new tax laws called the Direct Tax Code is likely to simplify compliance for taxpayers soon.
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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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Tax Slabs Changed, How Much Will You Pay With Rs 10 Lakh Annual Income?
Earlier, a salaried employee earning Rs 10 lakh per annum was supposed to pay an income tax of roughly Rs 52,500 under the new regime. Under the revised tax slabs in the new tax regime, he/she will have to pay around Rs 42,500.
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Income Tax Slabs, Capital Gains: Changes Announced In Budget 2024
Finance Minister Nirmala Sitharaman today presented the government's first budget after the recently concluded Lok Sabha Elections.
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Union Budget 2024: Angel Tax For All Classes Of Investors To Be Abolished
In a bid to bolster the Indian startup ecosystem, the Centre today announced the abolishment of angel tax for all classes of investors.
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Budget 2024: 5 Income Tax Changes Citizens, Experts Are Expecting
Finance Minister Nirmala Sitharaman will present the Budget in parliament from 11 am today, and the most anticipation is around whether the government will provide tax relief to the middle class.
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"Budget 2024 Based On PM Modi's Mantra Sabka Saath Sabka Vikas": Pankaj Chaudhary
Budget 2024: This budget, marking Sitharaman's seventh consecutive presentation and surpassing Morarji Desai's record, will include proposed changes in income tax and measures to enhance business ease.
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Nirmala Sitharaman Rejects Reports On Changes In Income Tax Rules After Polls
Finance Minister Nirmala Sitharaman on Friday refuted a media report claiming that major changes in the income tax system would be introduced when the new government assumes office after the ongoing Lok Sabha elections.
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New Tax Regime: What Is It? How Can You Opt For It? Comparison With Old One
The Finance Ministry today said that there is no change in the new Income Tax regime for individuals in the financial year 2024-25, starting today.
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Centre Rejects Reports Of Change In New Income Tax Regime From April 1
The finance ministry on Monday said there is no change in the new income tax regime for individuals for the current fiscal year and individual taxpayers can opt out of the regime at the time of filing their ITR.
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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.
-
Union Budget 2025-26: What Does It Offer Senior Citizens?
Union Finance Minister Nirmala Sitharaman on Friday proposed to double the limit for TDS on income interest, hike the threshold on rent and exempt withdrawals from National Savings Scheme (NSS) accounts from tax for senior citizens.
-
Proposal Of Zero Tax Up To Rs 12 Lakh Per Year Visionary Step: Odisha Chief Minister
Odisha Chief Minister Mohan Charan Majhi on Saturday said the "zero income tax" up to Rs 12 lakh per annum, as proposed in the Union Budget 2025-26, is a visionary step and will empower citizens and strengthen the economy.
-
No Income Tax Up To Rs 12 Lakh: Internet Flags Questions, Confusion
Finance Minister Nirmala Sitharaman announced revised tax slabs and rates under the new regime to reduce the burden for all taxpayers.
-
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
-
What Is Direct Tax Code And How It Is Different From Income Tax Act, 1961
A set of new tax laws called the Direct Tax Code is likely to simplify compliance for taxpayers soon.
-
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.
-
Tax Slabs Changed, How Much Will You Pay With Rs 10 Lakh Annual Income?
Earlier, a salaried employee earning Rs 10 lakh per annum was supposed to pay an income tax of roughly Rs 52,500 under the new regime. Under the revised tax slabs in the new tax regime, he/she will have to pay around Rs 42,500.
-
Income Tax Slabs, Capital Gains: Changes Announced In Budget 2024
Finance Minister Nirmala Sitharaman today presented the government's first budget after the recently concluded Lok Sabha Elections.
-
Union Budget 2024: Angel Tax For All Classes Of Investors To Be Abolished
In a bid to bolster the Indian startup ecosystem, the Centre today announced the abolishment of angel tax for all classes of investors.
-
Budget 2024: 5 Income Tax Changes Citizens, Experts Are Expecting
Finance Minister Nirmala Sitharaman will present the Budget in parliament from 11 am today, and the most anticipation is around whether the government will provide tax relief to the middle class.
-
"Budget 2024 Based On PM Modi's Mantra Sabka Saath Sabka Vikas": Pankaj Chaudhary
Budget 2024: This budget, marking Sitharaman's seventh consecutive presentation and surpassing Morarji Desai's record, will include proposed changes in income tax and measures to enhance business ease.
-
Nirmala Sitharaman Rejects Reports On Changes In Income Tax Rules After Polls
Finance Minister Nirmala Sitharaman on Friday refuted a media report claiming that major changes in the income tax system would be introduced when the new government assumes office after the ongoing Lok Sabha elections.
-
New Tax Regime: What Is It? How Can You Opt For It? Comparison With Old One
The Finance Ministry today said that there is no change in the new Income Tax regime for individuals in the financial year 2024-25, starting today.
-
Centre Rejects Reports Of Change In New Income Tax Regime From April 1
The finance ministry on Monday said there is no change in the new income tax regime for individuals for the current fiscal year and individual taxpayers can opt out of the regime at the time of filing their ITR.
-
"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.
