The Tribune13d
On earning Rs 12 lakh, you pay zero tax
“Salaried taxpayers earning up to Rs 12 lakh would not have to pay any tax. However, if his income is Rs 15 lakh, he has to pay Rs 1.05 lakh tax under the new regime as compared to Rs 1.4 lakh ...
Mint14d
NO income tax till ₹12 lakh: A look at the new tax slabs vs. current tax slabs
Income Tax 2025: Nirmala Sitharaman’s 2025 budget introduces a revamped tax structure, eliminating income tax for earnings up to Rs. 12 lakh. (REUTERS) Union Finance Minister Nirmala Sitharaman ...
Business Today14d
'Those earning between Rs 12L-Rs 12.75L...': Tax calculations for those earning more than Rs 1 lakh per month explained
Income Tax-Budget 2025: In the 2025 Union Budget, Finance Minister Nirmala Sitharaman provided much-needed relief to the middle class by introducing a significant update to the income tax slabs in ...
Business Today14d
Zero tax on Rs 12.75 lakh, but earning Rs 1,000 extra can cost you this much in taxes; here’s why
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 ...
The Free Press Journal14d
No Income Tax For Those Earning Up to ₹12 Lakh, New Revised Tax Slabs Announced
The FM made a major announcement in the budget. The FM announced that the government has expanded the income tax exemption from the current Rs 7 lakh to the new Rs 12 lakh. This would mean that ...
Mint14d
Budget 2025 | Relief for middle class: No tax on income up to ₹12 lakh in new tax regime
Finance Minister Nirmala Sitharaman gave taxpayers a big relief in Union Budget 2025-26 by making income up to ₹12 lakh tax-free from ₹7 lakh earlier. Factoring in the standard deduction of ...
The New York Times15d
Before signing Carlos Estévez, Royals pursued Anthony Santander
Santander, 30, lost significant present-day value with the Blue Jays through his deferrals, which Major League Baseball factors in when calculating a team’s luxury-tax payroll. For luxury-tax ...
Business Line15d
Nil tax for individuals earning up to ₹12 lakh annually under new regime: FM
Photo Credit: PTI Individuals earning up to ₹12 lakh annually will not have to pay any income tax under the new tax regime as Finance Minister Nirmala Sitharaman on Saturday gave relief to ...
Hosted on MSN15d
Union Budget 2025 Personal Tax Bonanza: No Income Tax For Those Earning Up to ₹12 Lakh
Union Budget 2025 Personal Tax Bonanza: No Income Tax For Those Earning Up to ₹12 Lakh Posted: February 1, 2025 | Last updated: February 1, 2025 In a major relief for taxpayers, Finance Minister ...
NDTV15d
Big Budget Boost For Middle Class: No Income Tax Up To Rs 12 Lakh
There will be no income tax payable up to Rs 12 lakh - i.e., up to Rs 12.75 lakh including standard deductions - under the new regime, Union Finance Minister Nirmala Sitharaman said Saturday as ...
gulftoday15d
No income tax on those earning up to Rs 12 lakhs per year in India
India plans to cut personal income tax rates to boost middle-class spending power, Finance Minister Nirmala Sitharaman said on Saturday, as she announced an annual budget that also sought to increase ...