Also Read: New vs Old Tax Slabs: How much income tax will you save in the new regime post Budget 2025? Here’s the math ...

A 20% income-tax will be levied on income between 16 and 20 lakh, 25 per cent on 20-24 lakh and 30 per cent above 24 lakh per annum. How much you save will depend on your income level (see chart).

Budget 2025 Income Tax Changes: Finance Minister Nirmala Sitharaman proposed sweeping tax reforms for the middle class in the Budget 2025. From zero tax on income of up to ₹12 lakh to cutting ...

Also Read Budget 2025: Tax slabs decoded! ‘Nil’ tax on income upto 12 lakh; How much tax to pay if amount exceeds this threshold All changes in income tax slabs and rates for the financial ...

In a letter to the tax authority, Joe Powell, a Labour MP who leads a Parliamentary group on fair taxation, refers to BBC reports raising questions about whether tax is due on offshore investments.

Revised income tax slabs: Nirmala Sitharaman announced that annual incomes up to ₹12 lakh will be tax-free to stimulate consumption. Revised Income tax slabs: Union finance minister Nirmala ...

Read more on Latest Business News on India.com. Income Tax rates: FM Sitharaman announces 25% slab, here's how much you need to pay now Budget 2025: 'People's budget, will put more money in hands ...

In a letter to the tax authority, Joe Powell, a Labour MP who leads a Parliamentary group on fair taxation, refers to BBC reports raising questions about whether tax is due on offshore investments.

Finance Minister Nirmala Sitharaman in her Union Budget 2025 speech today announced a new tax slab that has been refreshed across the board. Under the new regime, there is no tax on income up to ...

Should You Switch From Old To New Tax Regime? The decision on whether you should opt for the new regime would depend on your financial profile and how much exemption you can claim under the old ...

This is set against your personal savings allowance, which is determined by on the income tax band you’ve chosen. This is how the calculator works out how much tax you’ll pay, and your total ...

Budget 2025 has introduced a tax structure that has left many questioning how a minor increase in income can lead to a significant tax liability. Entrepreneur Pranjal Kamra highlighted this issue ...