Union Budget 2025: 'No income tax payable upto Rs 12 lakh', announces FM Nirmala Sitharaman
Slabs and rates being changed across the board.
New structure to substantially reduce taxes of middle class and leave more money in their hands, boosting household consumption, savings and...
Nirmala Ji is set to present the Union Budget for 2025-26 tomorrow (February 1, 2025). Salaried taxpayers and the middle class have been waiting for potential income tax relief, especially modifications to the new income tax regime. (15L tax-free? yeah no chance :P)
But honestly, I don’t have...
Hi Friends,
Below are the new income tax slab and applicable rate for FY 2025-26, as per the budget announcement by our Finance Minister dated Feb. 1, 2025.
I have also calculated taxpayers' net savings (based on reference income) for your quick reference based on the recent tax cut...