Page 8 - Income Tax

Save Rs 80,000 to Rs 1.4 lakh under new income tax slabs from April 2025

The Budget proposes revised slabs and rates, which Sitharaman said would reduce the tax burden on the middle class, allowing for greater disposable income

Budget 2025 reinforces India's strong macro positioning in a fragile world

Budget 2025 Highlights: The Budget is likely to be positive for sectors like FMCG, Auto, consumer durables, EVs, Battery, Travel and Retail

There is no plan to phase out old tax regime: CBDT Chairman Ravi Agrawal

Agrawal discussed a range of topics, including framing of tax proposals, and why he feels most taxpayers would opt for the new tax regime

I-T relief fuels consumption Budget: FM focuses on agri, MSMEs, exports

FM Sitharaman targets FY26 fiscal deficit at 4.4% of GDP

Union Budget 2025: 9 out of 10 taxpayers will now pay zero income tax

In her post Budget press conference, Nirmala Sitharaman said that an additional one crore taxpayers will pay no tax post her announcement. Here's how

Budget 2025 FAQs: Key tax, insurance and investment changes explained

Budget 2025 brings key tax, insurance, and investment changes. From ULIP taxation to NPS benefits and Kisan Credit Card updates, here's a breakdown of FAQs to help you understand the new provisions

'Bihar bias, ignored key sectors': P Chidambaram slams Union Budget 2025

Former Finance Minister P Chidambaram accused the government of favouring taxpayers and voters in Bihar in Union Budget 2025

Best of BS Opinion: India's Budget menu: Bold flavours or comfort food?

Our Editorial comment and columnists dissect the Union Budget 2025 to see what makes it tick, and what doesn't

Charting a new growth path: New tax regime eases middle-class burden

Share of middle class in income tax increased till 2023-24 while TDS has been rationalised by reducing the number of rates and adjusting threshold limits

Union Budget 2025-26: A blueprint for sustainability and certainty

Anticipating US action on tariffs, India seems to have made the first move by revamping its tariff structure by reducing the slabs to eight rates

Noble intentions, but questions remain: Budget's allocations fall short

This was an opportune moment to get rid of the old tax system entirely and move fully to the new one. A broad-based, low-rated, and less differentiated tax structure is the need of the hour

Of tax relief, transparency and promises: A Budget focused on clarity

The regret about this Budget is that it once again shies away from renewing its commitment to strategic disinvestment

Budget 2025: Tax-free income limit under new regime rises to Rs 12 lakh

Old tax system remains unchanged

Budget boost for AIFs: Securities reclassified as capital assets

Securities sales to attract capital gains tax, not business income tax

Here's how income tax rate tweaks will boost middle class spending

India's economic growth is expected to slow to a four-year low this fiscal year due to weak demand, particularly in urban areas where the cost of living has soared

Budget 2025: FM Sitharaman's tax rebate decision sparks meme-fest online

Budget 2025: Stills from movies like Krrish, Welcome, and television series were being shared widely to encapsulate the sentiment of the taxpayers

Transformative direct tax reforms in Budget 2025 for middle class empowerment

The reforms are part of the Government's broader strategy to stimulate consumption, enhance ease of doing business and boosting economic growth

Tax bonanza: What Budget 2025 means for India's beleaguered middle-class

No tax on income up to ₹12 lakh, revised tax slabs, senior citizen benefits, and homeowner relief announced by FM Nirmala Sitharaman to ease the financial burden on the middle-class

Tax relief for middle-class and big gifts for Bihar: Budget 2025 highlights

Budget 2025 revises FY25 capex, promises incentives for EVs, social security for gig workers, and major infrastructure projects in Bihar, including a greenfield airport and a Makhana Board

Budget 2025: Nirmala Sitharaman to unveil new Income Tax Bill next week

Sitharaman reiterated the Finance Ministry's commitment to a taxpayer-friendly approach, stating, "The tax department will trust first, scrutinise later," as she announced the upcoming income tax code