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New Income Tax Bill 2025: Old Vs New Regime Differences, Exemption Limits And More
New Income Tax Bill 2025: We cover everything from tax slabs and the old vs. new regime to the latest rules and exemption limits.
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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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Modi 3.0's Tax Exemption Limit Is Biggest Ever Since 2005
The Union Budget 2025-26 presented by Nirmala Sitharaman declared that there will be no income tax payable up to a total income of Rs 12 lakh.
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Delhi LG Increases Income Limit For EWS Admission In Private Schools To Rs 5 Lakh
The decision follows a Delhi High Court ruling of December 5, 2023 wherein the Delhi government was asked to increase the threshold limit from the existing Rs one lakh to Rs 5 lakh.
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Maharashtra Asks Centre To Raise Non-Creamy Layer Limit To Rs 15 Lakh
The Maharashtra cabinet on Thursday decided to request the Union government to increase the income limit to qualify for 'non-creamy layer' to Rs 15 lakh per year from the current Rs 8 lakh.
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Bombay High Cout Orders Tax Refund Of ₹1,128 Crore To Vodafone Idea
The Bombay High Court has directed the Income Tax department to refund Rs 1,128 crore to Vodafone Idea Limited paid by the telecom operator in taxes for the assessment year 2016-2017.
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Watch: Classmates Make 8-Year-Old Cry On Birthday, But It's Heartwarming
Angel David, an 8-year-old from Ebejico, Colombia, who grew up with limited means, had never experienced a birthday party. To make his day special, his classmates decided to throw one for him.
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Twitter Chaos Over Tweet-Reading Limits Leaves Door Open for Meta’s Rival Microblogging App Threads
Meta will launch a long-awaited competitor to Twitter, Instagram Threads, on Thursday. The move comes days after Twitter owner Elon Musk announced a temporary cap on the number of tweets users can read in a day on the social media site.
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Tax-Free Leave Encashment Limit After Retirement Raised To Rs 25 lakh
In line with the Budget announcement, the finance ministry on Thursday hiked the tax exemption limit for leave encashment upon retirement for private sector salaried employees to Rs 25 lakh.
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Will Leave Higher Disposable Income In Hands Of People: Finance Minister On New Tax Regime
Nirmala Sitharaman said the Budget astutely balances the requirement of development imperatives within the limits of fiscal prudence.
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BSNL Expected to Achieve Net Profit in FY2026-27: MoS Devusinh Chauhan
BSNL is expected to generate net profit in fiscal year 2026-27, with the implementation of the approved revival measures, MoS for Communications Devusinh Chauhan said in a written reply in Rajya Sabha on Friday. Losses of BSNL were pegged at Rs. 3,589 crore in April-September 2022-23 as it clocked an income of Rs. 9,366 crore and incurred total exp...
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"It's Election Time": Nitish Kumar's Jibe At Proposed Income Tax Rebate
"It is election time," Bihar Chief Minister Nitish Kumar said, sarcastically, on Thursday when asked if the Union Budget's proposal to raise the personal income tax rebate limit would bring relief to the middle class.
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Concessional Tax, Rs 3 Crore TDS Limit In Tax Relief For Cooperative Sector
To promote the cooperative sector, the government on Wednesday announced a slew of measures, including a concessional tax of 15 per cent to promote new societies focusing on manufacturing and a higher limit of Rs 3 crore for TDS on cash withdrawal.
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Union Budget 2023: New vs Old Tax Regime - See What Has Changed
Budget 2023: Finance Minister Nirmala Sitharaman has increased the rebate limit for individual taxpayers from Rs 5 lakh to Rs 7 lakh a year.
-
Union Budget: Finance Ministry Considering Sops For Middle Class
The government has not raised income tax exemption limit from Rs 2.5 lakh which was fixed in 2014 by the then Finance Minister Arun Jaitley in his first Budget.
-
New Income Tax Bill 2025: Old Vs New Regime Differences, Exemption Limits And More
New Income Tax Bill 2025: We cover everything from tax slabs and the old vs. new regime to the latest rules and exemption limits.
-
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.
-
Modi 3.0's Tax Exemption Limit Is Biggest Ever Since 2005
The Union Budget 2025-26 presented by Nirmala Sitharaman declared that there will be no income tax payable up to a total income of Rs 12 lakh.
-
Delhi LG Increases Income Limit For EWS Admission In Private Schools To Rs 5 Lakh
The decision follows a Delhi High Court ruling of December 5, 2023 wherein the Delhi government was asked to increase the threshold limit from the existing Rs one lakh to Rs 5 lakh.
-
Maharashtra Asks Centre To Raise Non-Creamy Layer Limit To Rs 15 Lakh
The Maharashtra cabinet on Thursday decided to request the Union government to increase the income limit to qualify for 'non-creamy layer' to Rs 15 lakh per year from the current Rs 8 lakh.
-
Bombay High Cout Orders Tax Refund Of ₹1,128 Crore To Vodafone Idea
The Bombay High Court has directed the Income Tax department to refund Rs 1,128 crore to Vodafone Idea Limited paid by the telecom operator in taxes for the assessment year 2016-2017.
-
Watch: Classmates Make 8-Year-Old Cry On Birthday, But It's Heartwarming
Angel David, an 8-year-old from Ebejico, Colombia, who grew up with limited means, had never experienced a birthday party. To make his day special, his classmates decided to throw one for him.
-
Twitter Chaos Over Tweet-Reading Limits Leaves Door Open for Meta’s Rival Microblogging App Threads
Meta will launch a long-awaited competitor to Twitter, Instagram Threads, on Thursday. The move comes days after Twitter owner Elon Musk announced a temporary cap on the number of tweets users can read in a day on the social media site.
-
Tax-Free Leave Encashment Limit After Retirement Raised To Rs 25 lakh
In line with the Budget announcement, the finance ministry on Thursday hiked the tax exemption limit for leave encashment upon retirement for private sector salaried employees to Rs 25 lakh.
-
Will Leave Higher Disposable Income In Hands Of People: Finance Minister On New Tax Regime
Nirmala Sitharaman said the Budget astutely balances the requirement of development imperatives within the limits of fiscal prudence.
-
BSNL Expected to Achieve Net Profit in FY2026-27: MoS Devusinh Chauhan
BSNL is expected to generate net profit in fiscal year 2026-27, with the implementation of the approved revival measures, MoS for Communications Devusinh Chauhan said in a written reply in Rajya Sabha on Friday. Losses of BSNL were pegged at Rs. 3,589 crore in April-September 2022-23 as it clocked an income of Rs. 9,366 crore and incurred total exp...
-
"It's Election Time": Nitish Kumar's Jibe At Proposed Income Tax Rebate
"It is election time," Bihar Chief Minister Nitish Kumar said, sarcastically, on Thursday when asked if the Union Budget's proposal to raise the personal income tax rebate limit would bring relief to the middle class.
-
Concessional Tax, Rs 3 Crore TDS Limit In Tax Relief For Cooperative Sector
To promote the cooperative sector, the government on Wednesday announced a slew of measures, including a concessional tax of 15 per cent to promote new societies focusing on manufacturing and a higher limit of Rs 3 crore for TDS on cash withdrawal.
-
Union Budget 2023: New vs Old Tax Regime - See What Has Changed
Budget 2023: Finance Minister Nirmala Sitharaman has increased the rebate limit for individual taxpayers from Rs 5 lakh to Rs 7 lakh a year.
-
Union Budget: Finance Ministry Considering Sops For Middle Class
The government has not raised income tax exemption limit from Rs 2.5 lakh which was fixed in 2014 by the then Finance Minister Arun Jaitley in his first Budget.
