Tag Archives: budget 2025 income tax

Latest income tax slabs: The slab rates are easy to remember, slab changes with every block of 4 lakh and corresponding tax rates changes 5% up to six blocks By Anand DheliaAs a common man of India, I would like to compliment and thank Hon’ble Finance Minister (FM) for being considerate towards the middle class and salaried taxpayers who generally …

A salaried individual with Rs 13.7 lakh yearly income can achieve tax savings of approximately Rs 96,000 through NPS contributions. Latest income tax slabs 2025-26 after Budget 2025: Zero income tax on Rs 13.7 lakh salary? Don’t rub your eyes! Finance Minister Nirmala Sitharaman in her Budget 2025 speech announced that there will be NIL or zero income tax for …

Budget 2025 expectations: PM Modi’s mention of the middle class a day ahead of the Union Budget speech has left everyone wondering… Budget 2025 expectations: Prime Minister Narendra Modi addressed the media at the start of Parliament’s Budget session today. Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on February 1, 2025.Interestingly, the Prime Minister invoked goddess Lakshmi …

Budget 2025 income tax expectations: With an intent to provide taxpayers with more disposable income, one may expect an increase in the basic exemption limi. (AI image) By Surabhi MarwahBudget 2025 income tax expectations: As we move closer to February 1, 2025, the nation is keen to listen to the Finance Minister’s speech unveiling the Union Budget 2025. In the …

Budget 2025 income tax expectations: What will the income tax slabs and income tax rates after Union Budget 2025? Will FM Nirmala Sitharaman raise the standard deduction further under the new income tax regime and include popular exemptions like Section 80C, HRA, Section 80D? With the new income tax regime becoming the default tax regime, tax experts believe that no …

Budget 2025 income tax: With the new income tax regime being the default tax regime, taxpayers are looking for an increase in standard deduction. (AI image) Budget 2025 income tax expectations: With Finance Minister Nirmala Sitharaman set to deliver the Union Budget 2025 speech on February 1, 2025, salaried and middle class taxpayers are looking to the Modi 3.0 government …

Taxpayers who continue to favor the traditional structure are still hopeful for adjustments which are at least reflective of the rising inflation and costs of living in India. By Ravi JainBudget 2025 income tax expectations: The announcement of new income tax regime in India’s Union Budget 2020 was a progressive step by the Hon’ble Finance Minister Sitharaman towards simplification and …

Budget 2025 income tax expectations: AIS Form should comprehensively capture the entire break-up of salary income. (AI image) By Parizad SirwallaBudget 2025 income tax expectations: With the advent of digitization, the Income Tax Department has made significant progress in simplifying tax related processes. It is widely expected that the 2025 Union Budget can focus further in this area with a …

Budget 2025 income tax: It is anticipated that with the thrust of the Government on the adoption of the new tax regime, there may be no changes to the old tax regime. (AI image) By Parizad SirwallaBudget 2025 income tax expectations: Ever since the last Union Budget was presented in July 2024, the world has seen significant changes ranging from …

Budget 2025 income tax expectations: Recently, some significant changes in the new income tax regime. By Parizad SirwallaBudget 2025 income tax expectations: While the Union Budget 2025 is anticipated to provide further impetus on simplifications of existing tax provisions, there are heightened expectations for economic reforms aimed at reviving the declining consumption in response to the ever-rising cost of living …