Mint6d
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 ...
Mint6d
New income tax slabs: How much will you the taxpayer save, end up paying, explained
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 ...
moneycontrol.com6d
No tax liability till Rs 12 lakh in Budget - but tax slabs still exist. FM Sitharaman explains why
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 ...
Indiatimes5d
New income tax slabs, rates in new tax regime for FY2025-26: How much tax is saved at different income levels
25% slab introduced for high earners and tax relief up to 30.8% for middle-income group. Read this table to see how much tax you can save at different income levels ranging from Rs 9 lakh to Rs 2.4 ...
CNN-News186d
Why Are There Income Tax Slabs For Those Earning Below Rs 12 Lakh? Explained
The most significant takeaway from this budget is that taxpayers earning up to Rs 12 lakh will effectively pay zero tax, but do the latest slabs mention tax on income below Rs 12 lakh? It is important ...
Tax Guru6d
New Income Tax Slabs for 2025: Old vs New Regime – Key Questions Answered
In the 2025 Budget, Finance Minister Nirmala Sitharaman introduced significant revisions to the income tax slabs under the new tax regime. These changes aim to ease the financial burden on ...