Goa CM on Zero Tax on Income Upto Rs 12 Lakh in Budget 2025

New income tax slabs for FY 2025-26 in Budget 2025: 30% tax now starts at Rs 24 lakh, 25% tax rate introduced for incomes between Rs 20-Rs 24 lakh
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income above Rs 15 lakh. However, the new tax regime offers limited deductions to taxpayers.
New vs old income tax regime after Budget 2025: Post income tax slab changes, which tax regime is better for salaried middle class taxpayers?
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant income tax relief for the midd
Budget 2025: How income up to ₹12 lakh is tax-free under new tax regime | Explained
Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the no-tax limit from ₹7 lakh to ₹12 lakh and introduced revised tax slabs. The government expects its revenue from income tax to increase 14.
FM Sitharaman on Budget 2025: How ₹12 Lakh Income Became Tax-Free
In an interview with PTI, Finance Minister Nirmala Sitharaman reveals how the ₹12 lakh tax-free income decision was made. She discusses PM Modi’s vision, challenges in convincing the ministry and boards,
Income Tax Slabs Budget 2025 Live: How much income tax will middle class taxpayers save? FM Sitharaman's big tax announcements decoded
Finance Minister Nirmala Sitharaman has brought big cheer for middle class taxpayers - it’s a bonanza like never b
Takeaways From India's Budget That Slashes Income Tax on the Salaried Middle Class to Spur Growth
Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and
Anupam Mittal on Budget 2025: 'India is Now Income-Tax-Free for Most'; No Income Tax Up to ₹12.75 Lakh
The Union Budget 2025 brought a groundbreaking announcement—income up to Rs 12.75 lakh will now be tax-free under the new tax regime. This major tax relief has sparked widespread reactions, with Shaadi.
'Poverty has been redefined': Shark Tank's Anupam Mittal reacts to Rs 12 lakh tax break in Budget '25
Finance Minister Nirmala Sitharaman unveiled key tax reliefs for India’s middle class in the Union Budget 2025, featuring a simplified tax structure, a higher TCS threshold on foreign remittances, and enhanced benefits for salaried individuals.
FM Sitharaman: '1 crore taxpayers to get relief with no income tax on income of Rs 12 lakh'
As many as 1 crore taxpayers will no longer have to pay income tax with the new proposal in the Union Budget 2025-26, which will put a substantial amount of money in the hands of these individuals said Union Finance Minister Nirmala Sitharaman on Saturday.
Union Budget 2025: What to expect in New Income Tax Bill?
Finance Minister Nirmala Sitharaman said in her 2025 Budget speech that a new income tax bill would be announced next week.
Tax Guru11h
Budget 2025 – Summary of Important Income Tax Proposals
Summary: The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, focused on reforms in taxation, agriculture, MSMEs, and exports. Direct tax proposals included no tax on incomes up to ...
Tax-Union Budget 2025: Budget 2025 Live: New Income tax bill to be introduced next week, says FM Sitharaman
FM Sitharaman's speech last Budget hinted at this new tax law when she said the goal was to simplify the income tax laws and ...
ABP Live on MSN36m
Tax Reforms In Budget 2025 Should Help Bring In Majority Of Taxpayers To New Income Tax Regime, Says CBDT Chairman
CBDT Chairman, Ravi Agrawal, on Sunday said that revisions in the tax slabs should bring nearly all the individual taxpayers to the new income tax regime. Speaking in an interview with PTI, the ...
Income tax on crypto currency: How did budget 2025 impact the taxation on virtual digital assets?
Income tax on cryptocurrency transaction. After Budget 2025 there is no change in taxation of cryptocurrencies as they ...
Budget 2025 LIVE updates: Nirmala Sitharaman will introduce Income Tax bill next week, no income tax up to ₹12 lakh
Budget 2025 LIVE updates: Union Finance Minister Nirmala Sitharam's budget speech begins, and she will be introducing the ...
Tax Guru26m
Budget 2025: Tonnage Tax Benefits Extended to Inland Vessels in India
The Finance Bill 2025 proposes extending the tonnage tax scheme to inland vessels, registered under the Inland Vessels Act, 2021, in an effort to boost India’s inland water transportation industry.