The budget introduces several significant changes for India’s elderly: doubling the TDS threshold and tax deduction limit on ...

FM Nirmala Sitharaman's announcement on February 1 brings a gift for the Indian middle class with no tax payable up to ₹12 lakh income. This move from the government's plans to cater to the nation's ...

Indians will have more funds for overseas travel due to the hike in TCS exemption limit on foreign remittances to Rs 10 lakh ...

Finance Minister Nirmala Sitharaman announced the new tax slabs under the new tax regime, thus offering tax saving for taxpayers. There will no income tax for salaried taxpayers earning upto ₹12.75 ...

For multi-property owners, the government simplified the tax treatment of self-occupied properties through specific ...

Focus on growth, middle class. Expect changes in prices of electronics, EVs, luxury goods. The budget also addresses ...

Budget 2025 clarifies that the tax rebate will no longer apply to income from capital gains or other sources taxed at special ...

The FM also informed that taxpayers with income up to Rs 12 lakh will not have to pay any tax. However, this rebate is only applicable on basic income, excluding special income such as capital gains.

FM Nirmala Sitharaman announces no income tax for incomes up to ₹12 lakh, urban fund, MSME schemes, and healthcare ...