The Budget 2025 is set to introduce significant changes to the income tax slabs, particularly benefiting the middle class. Currently, the new tax regime features slabs where income up to ₹3 lakh ...
Under the new slabs, taxpayers with Rs 12 lakh annual income will get a benefit of Rs 80,000 and those earning Rs 18 lakh will get a benefit of Rs 70,000, Ms Sitharaman told the parliament.
The Budget did not make any changes to the tax rates or slabs in the old tax regime, making it unattractive. Taxpayers opting for the new tax regime are not allowed to claim deductions or rebates ...
Over the past decade, key changes have included higher exemption limits, revised tax slabs, and enhanced rebates, reflecting a consistent push for tax relief. Budget 2025 prioritised three key ...
Union finance minister Nirmala Sitharaman on February 1, in a major boost to consumption, announced no tax liability for individuals with a salary of up to Rs 12 lakh. Sitharaman said the move ...
The Earth's hard outer layer (where we live) is called the crust. It is made up of large slabs called tectonic plates. The plates fit together like jigsaw puzzle pieces far beneath our feet.
The Shang Dynasty ruled part of China between 1600 BC and 1046 BC. What happened to the dynasty? Why did it end? What was it like to live in the Shang Dynasty? How was life in the Shang Dynasty ...